If a substandard product can be reworked, it is known as a ?????????????????????


defect

Business

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Which of the following is a higher-level need based on the four content theory perspectives?   

A. Esteem B. Existence C. Hygiene D. Physiological E. Safety

Business

In a process cost system, the cost attributable to abnormal losses that occur due to unexpected circumstances such as machine operator error should be assigned to:

a. Ending work in process inventory. b. Cost of goods manufactured and ending work in process inventory in the ratio of units worked on during the period to units remaining in work in process inventory. c. A separate loss account in order to highlight production inefficiencies d. Cost of good manufactured (transferred out)

Business

Which of the following is not an internal control activity for cash?

a. Surprise audits of cash on hand should be made occasionally. b. All cash receipts should be recorded promptly. c. The number of persons who have access to cash should be limited. d. Most transactions should be in cash to reduce recordkeeping.

Business

A broader definition of "law" also includes social practices or customs

Indicate whether the statement is true or false

Business