Which of the following is NOT an internal check? A: Separation of duties for authorising, custody and recording B: Pre-lists, post-lists and control totals C: Bank reconciliations D: Systems for authorising transactions within specified spending limits
Which of the following is NOT an internal check? A: Separation of duties for authorising, custody and recording B: Pre-lists, post-lists and control totals C: Bank reconciliations D: Systems for authorising transactions within specified spending limits
The Delta Delta Delta Sorority held ahomecoming party. The sorority preparedthe following budget for 50 expected attendees: Roomrental $150 Food 290 Entertainment 150 Decorations 75 Totals $665 Afterall bills for the party were paid, the total came to $660. Details are: $140 for room rental; $320 forfood; $125 for entertainment; and $75 for decorations. Fifty persons attended the party. Whatis the variance in food?
The Delta Delta Delta Sorority held ahomecoming party. The sorority preparedthe following budget for 50 expected attendees: Roomrental $150 Food 290 Entertainment 150 Decorations 75 Totals $665 Afterall bills for the party were paid, the total came to $660. Details are: $140 for room rental; $320 forfood; $125 for entertainment; and $75 for decorations. Fifty persons attended the party. Whatis the variance in food?
The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625 After all bills for the party were paid, thetotal came to $660. Details are: $140for room rental; $320 for food; $125 for entertainment; and $75 fordecorations. Fifty persons attended theparty. Whatis the total budget variance?
The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625 After all bills for the party were paid, thetotal came to $660. Details are: $140for room rental; $320 for food; $125 for entertainment; and $75 fordecorations. Fifty persons attended theparty. Whatis the total budget variance?
The Findlay Company held an IndependenceDay party. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 400 Entertainment 800 Decorations 300 Totals $2,100 Afterall bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Whatis the variance in food?
The Findlay Company held an IndependenceDay party. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 400 Entertainment 800 Decorations 300 Totals $2,100 Afterall bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Whatis the variance in food?
The Delta Delta Delta Sorority held a homecoming party. The sorority prepared the following budget for 50 expected attendees: Room rental $170 Food 250 Entertainment 150 Decorations 75 Totals $645 Afterall bills for the party were paid, the total came to $660. Details are: $140 for room rental; $320 forfood; $125 for entertainment; and $75 for decorations. Fifty persons attended the party. Whatis the variance in hotel room rental?
The Delta Delta Delta Sorority held a homecoming party. The sorority prepared the following budget for 50 expected attendees: Room rental $170 Food 250 Entertainment 150 Decorations 75 Totals $645 Afterall bills for the party were paid, the total came to $660. Details are: $140 for room rental; $320 forfood; $125 for entertainment; and $75 for decorations. Fifty persons attended the party. Whatis the variance in hotel room rental?
The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625 After all bills for the party were paid, thetotal came to $760. Details are: $140for room rental; $320 for food; $125 for entertainment; and $175 fordecorations. Fifty persons attended theparty. Whatis the main reason for the unfavorable total budget variance?
The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625 After all bills for the party were paid, thetotal came to $760. Details are: $140for room rental; $320 for food; $125 for entertainment; and $175 fordecorations. Fifty persons attended theparty. Whatis the main reason for the unfavorable total budget variance?
The Slamma Jamma Sorority held a party. The sorority prepared the following budgetfor 50 expected attendees: Roomrental $150 Food 310 Entertainment 150 Decorations 75 Totals $685 Afterall bills for the party were paid, the total came to $760. Details are: $240 for room rental; $320 forfood; $145 for entertainment; and $75 for decorations. Fifty persons attended the party. Whichof the following costs deserves further examination assuming the sorority usesthe management-by-exception rule?
The Slamma Jamma Sorority held a party. The sorority prepared the following budgetfor 50 expected attendees: Roomrental $150 Food 310 Entertainment 150 Decorations 75 Totals $685 Afterall bills for the party were paid, the total came to $760. Details are: $240 for room rental; $320 forfood; $145 for entertainment; and $75 for decorations. Fifty persons attended the party. Whichof the following costs deserves further examination assuming the sorority usesthe management-by-exception rule?
The Findley Company held a Groundhog Dayparty. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200 Afterall bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Whichof the following costs deserves further examination assuming the FindleyCompany uses the management-by-exception rule?
The Findley Company held a Groundhog Dayparty. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200 Afterall bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Whichof the following costs deserves further examination assuming the FindleyCompany uses the management-by-exception rule?
The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625After all bills for the party were paid, thetotal came to $760. Details are: $140for room rental; $320 for food; $125 for entertainment; and $175 fordecorations. Fifty persons attended theparty. Whatis the main reason for the unfavorable total budget variance? A: Room rent is the main reason. B: Food is the main reason. C: Entertainment is the main reason. D: Decorations are the main reason.
The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625After all bills for the party were paid, thetotal came to $760. Details are: $140for room rental; $320 for food; $125 for entertainment; and $175 fordecorations. Fifty persons attended theparty. Whatis the main reason for the unfavorable total budget variance? A: Room rent is the main reason. B: Food is the main reason. C: Entertainment is the main reason. D: Decorations are the main reason.
The Gotcha Company held a Christmasparty. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200After all bills for the party were paid, thetotal came to $2,315. Details are: $575for hotel room rental; $640 for food; $750 for entertainment; and $350 fordecorations. Two hundred personsattended the party. Whatis the main reason for the unfavorable total budget variance? A: Hotel room rent is the main reason. B: Food is the main reason. C: Entertainment is the main reason. D: Decorations are the main reason.
The Gotcha Company held a Christmasparty. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200After all bills for the party were paid, thetotal came to $2,315. Details are: $575for hotel room rental; $640 for food; $750 for entertainment; and $350 fordecorations. Two hundred personsattended the party. Whatis the main reason for the unfavorable total budget variance? A: Hotel room rent is the main reason. B: Food is the main reason. C: Entertainment is the main reason. D: Decorations are the main reason.