Purchase cutoff procedures should be designed to test whether or not all inventory:

A. owned by the company is in the possession of the company.
B. purchased and received before the year-end was recorded before year-end.
C. on the year-end balance sheet was carried at lower of cost or market.
D. on the year-end balance sheet was paid for by the company.


Answer: B

Business

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Answer the following statements true (T) or false (F)

1. In some cases where employer misconduct is so damaging to support for a union that the NLRB does not believe a fair election could be held, the Board may require the employer to bargain with the employees even though it does not have the votes necessary. 2. Because the NLRB election procedures are flawed, more and more unions are attempting to organize workers "outside" the NLRB certification process; for example, by pressuring employers to voluntarily recognize the union. 3. The Employee Free Choice Act would increase penalties to employers who violate the NLRA and change voting procedures so that simply showing a majority of signed authorization cards would be enough to certify the union. 4. The proposed Employee Free Choice Act would require that a neutral third party decide the terms of a first contract.

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Property owned jointly by married persons and generally includes property acquired

during marriage is known as _______ property. Fill in the blanks with correct word

Business

What are the advantages of using an advertising agency to develop an advertising campaign?

What will be an ideal response?

Business

Which of the following torts protect individuals from harm from the unintentional but legally careless conduct of others:

a. strict liability b. hazardous liability c. nuisance d. negligence e. all of the other choices

Business