Product costs that are transferred out of finished goods are called:

A) work in process.
B) cost of goods manufactured.
C) cost of goods sold.
D) period costs.


C

Business

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A California software firm was growing rapidly and hiring frequently, but primarily focused on campus recruiting at Berkeley and Stanford. When one older candidate did not get an interview after a phone screening, he went to the company's website and noted all of the young people in charge. He filed a discrimination lawsuit based on which law? 

A. Civil Rights Act B. Age Discrimination in Employment Act C. Americans with Disabilities Act D. Consolidated Omnibus Budget Reconciliation Act (COBRA) E. Sarbanes-Oxley Act

Business

Which of the following procedures would be included in the auditor's audit program for long-term debt?

a. Investigation of credits to the bond interest income account. b. Inspection of the accounts payable master file. c. Verification of the existence of the bondholders. d. Review debt loan agreements.

Business

Which of the following requires financial institutions to inform consumers of their privacy policies and permits consumers some control over their records?

A. Freedom of Information Act B. Gramm-Leach-Bliley Act C. COPPA D. HIPAA

Business

Explain why communication is unrepeatable

What will be an ideal response?

Business