[单选题] 提问人:匿名网友 提问时间:2021-08-24

An auditor confirmed accounts receivable as of an interim date, and all confirmations were returned and appeared reasonable. Which of the following additional procedures most likely should be performed at year-end?


A .Resend confirmations for any significant customer balances remaining at year-end.
B .Send confirmations for all new customer balances incurred from the interim date to year-end.
C .Review supporting documents for new large balances occurring after the interim date, and evaluate any significant changes in balances at year-end.
D .Review cash collections subsequent to the interim date and the year-end.

提问人:匿名网友 提问时间:2021-08-24

参考答案(由小熊题库网聘请的专业题库老师提供的解答)

请点击↑↑↑ 查看官方参考答案 按钮

习题解析

请点击 查看官方参考答案 按钮

您可能感兴趣的题目


1 .Which of the following statements is true regarding opportunity cost?

A Idle space that has no alternative use has an opportunity cost of zero. B Opportunity cost is representative of actual dollar outlay. C Opportunity cost is recorded in the accounts of an organization that has a full costing system. D The potential benefit is not sacrificed when selecting an altern...

题型: 单选题 提问时间: 2021-08-24

2 .An auditor observes the mailing of monthly statements to a client's customers and reviews evidence of follow-up on errors reported by the customers. This test of controls most likely is performed to support management's financial statement assertions of:Understandabilityand classificationExistence

A No.........Yes B Yes........Yes C Yes........No D No.........No

题型: 单选题 提问时间: 2021-08-24

3 .A static budget contains which of the following amounts?

A Actual costs for budgeted output. B Budgeted costs for actual output. C Actual costs for actual output. D Budgeted costs for budgeted output.

题型: 单选题 提问时间: 2021-08-24

4 .Symbol A most likely represents:

A Cash disbursements transaction file. B Accounts receivable master file. C Receiving report file. D Remittance advice file.

题型: 单选题 提问时间: 2021-08-24

5 .For the month of December, Crystal Clear Bottling expects to sell 12,500 cases of Cranberry Sparkling Water at USD24.80 per case and 33,100 cases of Lemon Dream Cola at USD32.00 per case. Sales personnel receive 6 percent commission on each case of Cranberry Sparkling Water and 8 percent commission on each case of Lemon Dream Cola. In order to receive a commission on a product, the sales personnel team must meet the individual product revenue quota. The sales quota for Cranberry Sparkling Water is USD500,000, and the sales quota for Lemon Dream Cola is USD1,000,000. The sales commission that should be budgeted for December is:

A USD82,152 B USD103,336 C USD4,736 D USD84,736

题型: 单选题 提问时间: 2021-08-24

7 .Which one of the following statements regarding the difference between a flexible budget and a static budget is correct?

A A flexible budget includes only variable costs whereas a static budget includes only fixed costs. B A flexible budget provides cost allowances for different levels of activity whereas a static budget provides costs for one level of activity. C A flexible budget is established by operating manageme...

题型: 单选题 提问时间: 2021-08-24

8 .In which of the following circumstances would the use of the negative form of accounts receivable confirmation most likely be justified?

A A substantial number of accounts may be in dispute and the accounts receivable balance arises from sales to many customers with small balances. B A small number of accounts may be in dispute and the accounts receivable balance arises from sales to a few major customers. C A substantial number of a...

题型: 单选题 提问时间: 2021-08-24

9 .The standard direct material cost to produce a unit of Lem is 4 meters of material at USD2.50 per meter. During May of the current year, 4,200 meters of material costing USD10,080 were purchased and used to produce 1,000 units of Lem. What was the material price variance for May?

A USD80 unfavorable. B USD420 favorable. C USD400 favorable. D USD480 unfavorable.

题型: 单选题 提问时间: 2021-08-24

10 .Which of the following control activities is not usually performed in the vouchers payable department?

A Determining the mathematical accuracy of the vendor's invoice. B Matching the receiving report with the purchase order. C Controlling the mailing of the check and remittance advice. D Having an authorized person approve the voucher.

题型: 单选题 提问时间: 2021-08-24

 
如有问题 请联系客服
  • 客服微信