Internal control is weakened by all of the following except
a. collusion.
b. separation of duties.
c. effects of changing conditions.
d. human error.
B
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Indicate whether the statement is true or false
Zhang Industries budgets production of 300 units in June and 310 units in July. Each finished unit requires 4 pounds (lbs.) of raw material K, which costs $5 per pound. Each month's ending inventory of raw materials should be 30% of the following month's budgeted production. The June 1 raw materials inventory has 360 pounds of raw material K. Compute the budgeted purchases for raw material K in pounds for June.
A. 880 lbs. B. 1,220 lbs. C. 1,240 lbs. D. 1,200 lbs. E. 1,212 lbs.
Even-Bilt Construction contracts to build a warehouse for Discount E-Sales Company. Even-Bilt completely performs. Discount E-Sales is entitled to
A. an accord. B. rescission. C. novation. D. nothing more.
A manner that represents how an object acts and reacts best describes:
A) event. B) property. C) attribute. D) state. E) behavior.