If a job shop is underutilized, then the input rate for a job shop should be?
a. Equal to the daily output rate
b. Less than the daily output rate
c. More than the daily output rate
d. WIP and input rate are unrelated
c. More than the daily output rate
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The type of audit evidence known as inquiry does not ordinarily provide sufficient audit evidence of the absence of a material misstatement, nor is it alone sufficient to test the operating effectiveness of controls
a. True b. False Indicate whether the statement is true or false
A. Yorkshire Corporation has 9,000 shares of $10 par value common stock and 5,000 shares of $50 par value, 10 percent cumulative preferred stock outstanding. All shares were issued at par value. In addition, retained earnings total $90,000. If the preferred stock is callable at $54 per share, and one year's dividends are in arrears, compute book value per share of preferred stock
b. Assume the same facts as in a above. Calculate book value per share of common stock. c. Assume the same facts as in a above and that Yorkshire Corporation declares a 5-for-1 stock split on its common stock. After the split, total par value of common stock equals what amount? d. Assume the same facts as in a above and that Yorkshire Corporation declares a 12 percent stock dividend on its preferred stock. If the market value on the declaration date was $70 per share, for what amount will Preferred Stock Distributable be credited?
The emphasis on leading teams, given that most organizations now use work teams to maximize organizational performance, is now recognized as a ______.
A. core competence B. competitive strategy C. synergy D. learning strategy
To prove fraud, which of the following elements must be shown?
A) The innocent party knew the wrongdoer. B) The innocent party was the one who detected fraud. C) The wrongdoer assumed a false identity. D) The wrongdoer intended to deceive the innocent party.