Overallocation of overhead results in which of the following year-end adjustments?
A) A decrease in ending finished goods inventory
B) A decrease in cost of goods sold
C) An increase in ending finished goods inventory
D) A decrease in ending work-in process inventory
B
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Executives of a company deal less with details of the operational activities and deal more with the higher meaningful aggregations of information or "coarser" information. What refers to the level of detail in the model?
A. Drill-down B. Visualization C. Granularity D. Consolidation
An auditor sets an embedded audit module to record all credit transactions in excess of $5,000 and stores the data in an audit log. The auditor is using
A) audit hooks. B) the snapshot technique. C) a system control audit review file. D) continuous and intermittent simulation.