Damages to security systems caused by natural disasters are minimal when compared to the damages due to human errors
Indicate whether the statement is true or false
FALSE
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Item price removal is controversial since consumers _____
a. cannot determine a product's ingredients b. will have less price advertising c. cannot choose generic brands d. find it difficult to verify the prices of items purchased
Why are the inventory and cost of goods sold accounts attractive targets for managerial fraud?
A. There are no adequate methods of record keeping for inventory. B. Cost of goods sold and Inventory accounts are not attractive targets of fraud. C. These accounts are more significant than most other accounts. D. There are few if any procedures that can check for fraud in these accounts.
Difabio Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting: Fixed elementper monthVariable elementper studentVariable element per courseRevenue$0 $421 $0 Faculty wages$0 $0 $2,800 Course supplies$0 $62 $36 Administrative expenses$31,600 $21 $32 ?In June, the school budgeted for 1,070 students and 90 courses. The actual activity for the month was 1,370 students and 95 courses.Required:?Prepare the school's flexible budget for the actual level of activity in June.
What will be an ideal response?
A car is basically:
A) a status symbol. B) a point of envy. C) a box of miles. D) an appreciating investment. E) a luxury and not a necessity for any individual or family.