In a job order costing system, when the goods are sold, the Cost of Goods Sold account is increased, and the Finished Goods Inventory account is decreased for the selling price of the goods sold
Indicate whether the statement is true or false
F
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What is invigilation?
a. A theft investigation technique which records the physical evidence, facts, and movements, which form part of a fraud. b. A theft investigation technique which involves close supervision of the suspects during the examination period. c. A theft investigation technique which is used when large scale fraud is likely and other methods of investigation fail. d. A theft investigation technique which involves confiscating and searching computers and other electronic sources of information.
"For collection only" is an example of a special indorsement.
Answer the following statement true (T) or false (F)
All are part of the five-step process to conduct empathic design except:
a. observation. b. quantifying the data. c. developing prototypes of possible solutions. d. reflection and analysis. e. brainstorming for solutions.
Which of the following statements is true about the stakeholder theory of corporate social responsibility?
a. It states that companies should only focus on increasing shareholder wealth. b. It states that social responsibility is best carried out by government agencies. c. It states that a company owes a duty to be a good citizen in its community. d. It states that employees and not the top management should be involved in corporate social responsibility.