Since management is familiar with the overall mission and direction of the service desk, they are really the only ones who should be involved in the goal and metric-setting process.

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


False

Business

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Which of the following is not included in PCAOB Form AP?

A. Aggregate participation of accounting firms whose individual work was less than 5% of total audit hours. B. Audit staff investments in each particular client. C. Name of each accounting firm whose work constituted at least 5% of total audit hours. D. The engagement partner for audits.

Business

When a depositor dies, the authority of the bank to pay or certify the depositor's checks ends immediately

Indicate whether the statement is true or false

Business

Intensive distribution is selling a product through all responsible and suitable wholesalers or retailers who will stock or sell the product.

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

Business

Trevorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,200 units, but its actual level of activity was 6,160 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June:Data used in budgeting: Fixed element per monthVariable element per unitRevenue - $27.80      Direct labor$0 $3.10Direct materials 0  10.20Manufacturing overhead 37,200  1.10Selling and administrative expenses 22,800  0.30Total expenses$60,000 $14.70?Actual results for June:  Revenue$178,318Direct labor$18,606Direct materials$60,652Manufacturing overhead$43,896Selling and administrative

expenses$24,688?The activity variance for net operating income in June would be closest to:  A. $9,256 F B. $9,256 U C. $524 F D. $524 U

Business