A primary feature of automated control in the acquisition cycle includes which of the following?
a. That authorization is no longer required.
b. Limits as to the number of items that can be received by the warehouse.
c. Calculated order quantities based on set criteria.
d. Funds transfer at the request of the controller.
c
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The canons of ethics adopted by the federal judicial conference states that judges should use their office to engage in political activity
a. True b. False
Patent infringement occurs only if all features or parts of a product are copied
Indicate whether the statement is true or false
The Maxit Corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. The following data are available for July:Actual variable manufacturing overhead cost incurred: $24,380 Actual machine-hours worked: 2400 hours Variable overhead rate variance: $4620 U Total variable overhead spending variance: $6380 U The variable overhead efficiency variance for July is:
A. $1760 U B. $1760 F C. $11,000 F D. $11,000 U
A commitment from management to conduct a feasibility study means that the proposed system is accepted
Indicate whether the statement is true or false