Which of the following would NOT be considered cash?
A) Currency
B) Money market funds
C) Money orders
D) Checking accounts
B) Money market funds
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In the context of elements of the Committee of Sponsoring Organizations, which of the following statements is true of control environment?
A. It focuses on providing assessment capabilities. B. It sets the tone or culture of a firm. C. It addresses the risks that may hinder the achievement of corporate objectives. D. It focuses on uncovering vulnerabilities.
Because rumors and criticism can spread around the world in a matter of minutes, how should companies handle comments on social media sites?
A) Companies should respond on a case by case basis. B) Companies should respond only to positive comments. C) Companies should respond only to negative comments. D) Companies should consult the legal department and other experts before responding to comments. E) Companies should respond using the direct format for messages.
Which term refers to the general idea that will be communicated to consumers through an advertisement?
A) advertising appeal B) message strategy C) consumer-generated message D) creative concept E) message execution
The following data relates to Mangini Company's estimated amounts for next year.Estimated:Department 1 Department 2Manufacturing overhead costs$320,000 $400,000 Direct labor hours65,000DLH 75,000DLHMachine hours2,000MH 2,500MH What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.)
A. $150.00 per MH B. $5.14 per MH C. $160.00 per MH D. $31.11 per MH E. $200.00 per MH