ACC 492 Final Exam Latest 2017
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ACC 492 Final Exam Latest 2017 1
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1. Which of the following tests are typically not necessary when auditing a client’s schedule of recorded disposals? Footing the schedule. Tracing schedule totals to the general ledger. Tracing cost and accumulated depreciation of the disposals to the property master file. All of the above are necessary. 2. _______accumulate costs by individual jobs as material is issued into production and labor costs are incurred. Just-in-time production systems Job order cost systems Process cost systems Ma...
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ACC 492 Final Exam Latest 2017•ACC 492 Final Exam Latest 2017
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1. Which of the following tests are typically not necessary when auditing a client’s schedule of recorded disposals? Footing the schedule. Tracing schedule totals to the general ledger. Tracing cost and accumulated depreciation of the disposals to the property master file. All of the above are necessary. 2. _______accumulate costs by individual jobs as material is issued into production and labor costs are incurred. Just-in-time production systems Job order cost systems Process cost systems Ma...