What are the major exposures in the general ledger/financial reporting system?


The primary exposures are: a defective or lost audit trail, unauthorized access, GL accounts out of balance with subsidiary ledger accounts, and incorrect account balances due to unauthorized or incorrect entries.

Business

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What does a yield curve show?

A. The yield to maturity on the vertical axis and the time to maturity on the horizontal axis B. The time to maturity on the vertical axis and the yield to maturity on the horizontal axis C. The yield to maturity on the vertical axis and the maturity date on the horizontal axis D. The maturity date on the vertical axis and the yield to maturity on the horizontal axis

Business

Deco Corporation uses a job costing system. On January 1, Deco corporations work in process inventory account had a balance of $75,800. During the year, materials requisitioned for use in production amounted to $120,400, of which $83,000 represented direct materials. Factory wages for the period were $231,800, of which $219,300 were for direct labor. Manufacturing overhead is allocated on the basis of 90% of direct labor cost. Actual overhead cost for the year was $125,700. Jobs costing $256,800 were completed during the year.

The December 31 work in process inventory balance is

Business

In negotiation, intangibles are deep, motivating psychological factors, often affecting negotiation in a positive way.

Answer the following statement true (T) or false (F)

Business

Individuals or organizations who are affected by a project best defines

A) end users. B) project manager. C) customers. D) stakeholders.

Business