The following two items are from Marcia White's "Dining Out" expense category:
1. January monthly variance = $25 (favorable);
2. February cumulative variance = -$10 (unfavorable).
If Marcia budgeted $85 a month for this activity, we know that she
A)
spent $60 in January and $95 in February.
B)
spent $60 in January and $120 in February.
C)
can bring the activity back within budget by spending $85 in March.
D)
has not budgeted properly.
B
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______ is a state of emotional, mental, and even physical exhaustion, expressed as listlessness, indifference, or frustration.
A. Eustress B. Distress C. Burnout D. Role overload E. Role ambiguity
Which of the following is an example of an input error correction technique?
a. immediate correction b. rejection of batch c. creation of error file d. all are examples of input error correction techniques
If an auditor discovers evidence of fraud, the planned audit procedures should be adjusted accordingly
a. True b. False Indicate whether the statement is true or false
Bacot Products, Inc., has a Valve Division that manufactures and sells a number of products, including a standard valve that could be used by another division in the company, the Pump Division, in one of its products. Data concerning that valve appear below: Capacity in units 60,000Selling price to outside customers$53Variable cost per unit$28Fixed cost per unit (based on capacity)$17?The Pump Division is currently purchasing 8,000 of these valves per year from an overseas supplier at a cost of $47 per valve.?Assume that the Valve Division has enough idle capacity to handle all of the Pump Division's needs. What should be the minimum acceptable transfer price for the valves from the standpoint of the Valve Division?
A. $28 per unit B. $47 per unit C. $53 per unit D. $45 per unit