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Business, 30.10.2019 03:31 kelseeygee
Identify the internal control principle that is applicable to each procedure. 1. all over-the-counter receipts are entered in cash registers. 2. all cashiers are bonded. 3. daily cash counts are made by cashier department supervisors. 4. the duties of receiving cash, recording cash, and custody of cash are assigned to different individuals. 5. only cashiers may operate cash registers.
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Business, 22.06.2019 15:20, rasv3491
Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u. s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is
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Business, 23.06.2019 00:30, hannahbear3747
In a recent annual report, apple computer reported the following in one of its disclosure notes: "warranty expense: the company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." this note exemplifies apple's use of: (a) conservatism.(b) matching. (c) realization principle. (d) economic entity.
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Identify the internal control principle that is applicable to each procedure. 1. all over-the-counte...
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