A job order costing system is used by companies that manufacture large amounts of similar products

Indicate whether the statement is true or false


False

Business

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Ben, an accountant, certifies several audit reports on Corporate Business, Inc. (CBI), Ben's client, knowing that CBI intends to use the reports to borrow money from Delta Credit Company. Ben believes that the reports are true and does not intend to deceive Delta, but does not check the reports before certifying them. Can Ben be held liable to Delta?

What will be an ideal response?

Business

The ______ is the proportion of variation explained by regression.

a. standard error of the estimate b. total sum of squares (SST) c. correlation coefficient d. coefficient of determination

Business

Cosden Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Well ServicedRevenue   $4,700Employee salaries and wages$41,300 $1,000Servicing materials   $600Other expenses$40,200   ?When the company prepared its planning budget at the beginning of May, it assumed that 29 wells would have been serviced. However, 31 wells were actually serviced during May.?The total expenses in the flexible budget for May would have been closest to:

A. $127,900 B. $131,100 C. $133,100 D. $124,513

Business

Which VBScript function returns an integer indicating the variant subtype?

a) IsObject b) TypeName c) Atn d) VarType

Business