A surprise observation by an auditor of an entity's regular distribution of paychecks is primarily designed to satisfy the auditor that:
A. all unclaimed payroll checks are properly returned to the cashier.
B. all employees have in their possession proper employee identification.
C. names on the company payroll are those of bona fide employees presently on the job.
D. the paymaster is not involved in the distribution of payroll checks.
Answer: C
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The Mallak Company produced three joint products at a joint cost of $100,000. Two of these products were processed further. Production and sales were:ProductWeightSalesAdditional Processing CostsP300,000lbs.$245,000 $200,000 Q100,000lbs. 30,000 -0- R100,000lbs. 175,000 100,000 Assume Q is a by-product and Mallak uses the cost reduction method of accounting for by-product cost. If estimated net realizable value is used, how much of the joint costs would be allocated to product R?
A. $62,500. B. $38,889. C. $43,750. D. $50,000.
Which type of conflict should cause managers to be concerned about sabotage and incidents of violence?
A. latent conflict B. felt conflict C. perceived conflict D. manifest conflict
What is product placement? What are its advantages and limitations as an advertising medium?
What will be an ideal response?
What invention came to symbolize the ingenuity of Colonial America?
a. The spinning jenny b. The telegraph c. The lightning rod d. The light bulb