A backlog in recording transactions is an example of a warning sign from the accounting system
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True
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Which of the following countries is NOT a member of MERCOSUR?
A) Brazil B) Paraguay C) Bolivia D) Uruguay E) Venezuela
The proxy process gives management effective control over the election to the board of directors
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A single-payment note is a secured fund which can be obtained from a commercial bank when a borrower needs additional funds for a short period
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Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted manufacturing overhead$70,035 Budgeted production 15,000unitsStandard hours per unit (b) 0.70machine-hoursBudgeted hours (a) × (b) 10,500machine-hours Actual production (a) 14,000unitsStandard hours per unit (b) 0.70machine-hoursStandard hours allowed for the actual production (a) × (b) 9,800machine-hoursTotal actual manufacturing overhead$97,489 ?The total amount of manufacturing overhead applied is closest to:
A. $97,489 B. $69,368 C. $65,366 D. $91,900