The most pessimistic time for a task is 28 days. The most optimistic time for the same task is one fourth of the pessimistic time. Calculate the variance for the duration of the activity.
A. 8.75
B. 12.25
C. 14.85
D. 10.50
B. 12.25
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In the process of liquidation, a partnership firm sells its non-cash assets with a book value of $55,000, for $73,000. Which of the following will be included in the entry to record the sale of assets at liquidation?
A) Gain on Disposal will be credited by $73,000. B) Gain on Disposal will be debited by $73,000. C) Gain on Disposal will be credited by $18,000. D) Gain on Disposal will be debited by $18,000.
Which of the following situations is least likely to initiate a forensic accounting engagement?
a. Where management suspects a fraud is occurring within the organization. b. Where strong internal controls exist. c. Where an auditor recommends a separate forensic engagement due to hints of fraud uncovered during an audit. d. Where auditors deem there are situations of heightened fraud risk.
A company that uses a pull strategy is more likely to use personal selling than a company that markets a similar product using a push strategy
Indicate whether the statement is true or false
Empowerment often improves customer service because
A) customer service workers have the authority to refer problems to higher management. B) managers have more time to work with customers. C) employees have the authority to resolve customer problems. D) more employees work in customer service positions.