The first line of defense for authentication is the use of passwords, which is a one-factor authentication scheme

Indicate whether the statement is true or false


TRUE

Business

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If a company uses a standard cost system, inventory records can be updated from the

a. vendor invoice b. purchase order c. receiving report d. purchase requisition

Business

A company has $90,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is an $800 credit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:

A. $3,632 B. $3,600 C. $4,400 D. $2,800 E. $3,568

Business

What is the goal of the recruitment function?

What will be an ideal response?

Business

Dunby, Inc is a consulting firm that offers optimal legal solutions. It allocates indirect costs using a single predetermined overhead allocation rate with direct labor hours as the allocation base. The estimated indirect costs for this year amount to $160,000. The company is expected to work 6,000 direct labor hours during the year. The direct labor rate is $200 per hour. Clients are billed at 120% of direct labor cost. Last month, Dunby's consultants spent 170 hours on Xyme, Inc What is the predetermined overhead allocation rate per direct labor hour?

A) $800 per hour B) $27 per hour C) $941 per hour D) $30 per hour

Business