The employee entered "40" in the "hours worked per day" field. Which check would detect this unintentional error?
a. numeric/alphabetic data check
b. sign check
c. limit check
d. missing data check
C
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After completing the preliminary phase of the review of internal control, the auditor decides not to rely on the system to restrict substantive procedures. Documentation may be limited to the auditor's:
A. basis for concluding that errors and fraud will be prevented. B. reasons for deciding not to extend the review. C. completed internal control questionnaire. D. understanding of the internal control.
Centore Inc. has provided the following data for the month of June. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In ProcessFinished GoodsCost of Goods SoldTotalDirect materials$650 $7,590 $24,860 $33,100 Direct labor 2,180 20,700 67,800 90,680 Manufacturing overhead applied 930 7,130 22,940 31,000 Total$3,760 $35,420 $115,600 $154,780 Manufacturing overhead for the month was underapplied by $3,000.The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those
accounts. The work in process inventory at the end of June after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: A. $3,670 B. $3,687 C. $3,833 D. $3,850
The Fox Company uses the weighted average method. The beginning work in process consists of 20,000 units (100% completed as to materials and 50% complete as to conversion costs). The number of units completed was 80,000. The ending work in process consists of 10,000 units (100% complete as to materials and 20% complete as to conversion costs). The equivalent units of production for conversion
costs was: A) 110,000 B) 90,000 C) 80,000 D) 82,000
Which of the following types of advertisements is likely to be more successful in transforming a person's negative attitude toward a product into a positive one?
a. Advertisements aimed at changing the person's deep-rooted values b. Advertisements emphasizing luxury c. Humorous advertisements d. Dramatic advertisements