Tests of controls include

a. confirming accounts receivable
b. counting inventory
c. completing questionnaires
d. counting cash


C

Business

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When developing the tone for a claim letter, ________

A) bear in mind that the person reading your message is seldom responsible for the problem B) state the facts of your claim logically, objectively, and unemotionally C) remember that smart businesses know that retaining a customer is far less costly than recruiting a new one D) keep all of these choices in mind

Business

At December 31, Yarrow Company reports the following results for its calendar year from the adjusted trial balance.Credit sales$2,300,000Cash sales1,050,000Accounts Receivable295,000Allowance for doubtful accounts (credit balance)750a. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 1.1% of credit sales.b. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be .8% of total sales.c. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 7.0% of year-end accounts receivable.

What will be an ideal response?

Business

A method of rating performance in which the rater chooses from statements that appear equally favorable or equally unfavorable is known as the

A. forced-distribution method. B. graphic rating scales. C. behaviorally anchored rating scaleĀ  D. forced-choice method.

Business

1. X.800 defines __________ as the prevention of unauthorized use of a resource, including the prevention of use of a resource in an unauthorized manner

What will be an ideal response?

Business