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NEW QUESTION: 1
You use standard costing as the costing methodology for al products.
You need to run a report that shows all inventory that is over 60 days old or over 90 days old.
Which report should you use?
A. Inventory aging
B. Vendor aging
C. Standard cost transactions
D. Materials in process
Answer: A
NEW QUESTION: 2
You are at a conference. The finance director of one of your competitors is boasting about top secret plans that she says will give her company market dominance. As she walks into a conference session, she accidently drops a folder marked "private and confidential". No one else notices and you are left alone in the room with the folder. Which of the following would be an ethical course of action and why?
A. Give the folder to a journalist friend at the conference because it is in the public interest to expose the company's plans
B. Read the contents in the hope that you can help your company by preventing your competitor's plans
C. Return the folder to your competitor unopened because this is what you would hope would be done if you were in her situation
D. Read the contents in order to teach the arrogant finance director a lesson
Answer: C
NEW QUESTION: 3
A. Option C
B. Option A
C. Option B
D. Option D
Answer: D