The best way to obtain documentary evidence is:
a. by chance, accident or tip discovery.
b. through computer-based queries of full-population accounting and other databases.
c. through interviews and interrogations.
d. through traditional audits like discovery sampling.
b
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_____ is the effort to capture media attention—for example, through articles or editorials in publications or through human-interest stories on radio or television programs
a. Personal selling b. Advertising c. Sales promotion d. Publicity
Which of the following describes the allocation base for allocating manufacturing overhead costs?
A) the primary cost driver of indirect manufacturing costs B) the estimated base amount of manufacturing overhead costs in a year C) the percentage used to allocate direct labor to Work-in-Process Inventory D) the main element that causes direct costs
Erin, Jayne, and Kathryn form a general partnership. Kathryn, while on partnership business, accidentally caused a fire that burned down Bill's house. Bill successfully sued the partnership and each of the partners and received a judgment for $500,000. Bill decided seek payment on the judgment just from Erin and Jayne, since they were known to be independently wealthy. Erin and Jayne ________.
A. must divide the payment 50-50 B. can seek an injunction to prevent collection of the judgment since they were not involved in the tortious act C. may seek indemnification from the Kathryn, the partner who committed the tortious act. D. can avoid paying by dissolving the partnership immediately
At what stage in the product life-cycle would sales volume tend to decrease sharply? Why?
What will be an ideal response?