The practice of imposing penalties for failing to carry out responsibilities adequately and giving rewards for meeting responsibilities is referred to as
A. accountability.
B. subtle discrimination.
C. planning.
D. reliability.
Answer: A
You might also like to view...
Which of the following can be used by fraud examiners to sift through millions of journal entries to find the potentially fraudulent few?
a. Microsoft Access b. SPSS c. ODBC d. ACL
Probably the best source of financial news is:
a. Forbes. b. The Wall Street Journal. c. Financial Times. d. Barron's.
Altec Designs makes fashion clothing and reports the following data for the month of September
Salaries paid to seamstresses $140,000 Wages paid to fabric cutters 20,000 Indirect wages 5,000 What is the journal entry to record the total labor charges incurred during September? A) Work-in-Process Inventory 160,000 Manufacturing Overhead 5,000 Wages Payable 165,000 B) Work-in-Process Inventory 165,000 Wages Payable 165,000 C) Wages Payable 165,000 Finished Goods Inventory 145,000 Work-in-Process Inventory 20,000 D) Manufacturing Overhead 165,000 Wages Payable 165,000
Under the first-in, first-out (FIFO) method, the cost of equivalent units of production is calculated by ________
A) summing up only the transferred in costs of each department B) combining beginning inventory costs with current period costs C) considering only the transferred out costs of each department D) accounting for beginning inventory costs separately from current period costs