Leonard Manufacturing Systems uses job order costing and a perpetual inventory system. When recording the sale of a job, which account(s) is(are) debited?
What will be an ideal response
Accounts Receivable and Cost of Goods Sold accounts are debited.
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Information is communicated to external users by the management of the company. Those users cannot dictate desired financial results to the company
Indicate whether the statement is true or false
As an in-charge auditor, you are reviewing a summary of control weaknesses in cash disbursement procedures. Which one of the following weaknesses, standing alone, should cause you the least concern?
A. Checks are signed by only one person. B. Treasurer fails to establish validity of names and addresses of check payees. C. Cash disbursements are made directly out of cash receipts. D. Signed checks are distributed by the controller to approved payees.
Which of the following is a marketing intermediary?
A) customers B) producers C) manufacturers D) retailers E) advertisers
Sasha, in developing her pitch deck, described the need for funding, how much she would need, what she would spend the funds on, and other resources needed. She ______.
a. articulated the purpose of the venture b. identified those served by the idea c. identified the resources required d. described the team