A product mix decision focuses on generating the maximum profit for a company but does not consider the company's limited production capabilities

An entity erroneously recorded a large purchase twice. Which of the following internal control measures would be most likely to detect this in a timely, efficient manner?

A) periodically tracing the purchases journal daily totals to the applicable postings in the general ledger B) sending quarterly confirmations to all vendors C) reconciling monthly statement received from the vendor with the accounts payable subsidiary ledger D) tracing the totals from the purchases journal to the various general ledger accounts

Which of the following is NOT required in a legally sufficient description of real property?

A. Country and state. B. District and land lot. C. Section or Militia District. D. Street address of property.