All of the following are important elements of internal control over cash except ?
A) a petty cash system.
B) a cash reserve.
C) a bank reconciliation.
D) the daily deposit of all receipts.
B
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Which of the following is not an acceptable inventory costing method?
a. Specific identification b. Last-In, First-Out (LIFO) c. First-In, First-Out (FIFO) d. Average cost e. Next-In, First-Out (NIFO)
The receiver who experiences power from a "power with" perspective will be
A. powerless. B. empowered. C. more dependent. D. All of these choices are correct.
It costs $10 to make a single unit using regular production and $15 to make a single unit using overtime production. Finished units sell for $17 and are built to order
The manufacturing plant has a regular production capacity of 250 units per month and no inventory at the start of the planning period. What is the BEST net cash flow for the entire planning period if the manufacturer uses a chase plan? Month Forecast January 250 February 200 March 300 April 400 A) $6,800 B) $7,050 C) $7,300 D) $7,550
When premature entry into the marketplace causes the failure of a new venture, it can be termed
a. poor timing. b. undercapitalization. c. a design problem. d. a distribution problem.