Which of the following would not be considered an internal centralized service department?
A) Payroll accounting department
B) Manufacturing department
C) Information systems department
D) Purchasing department
B
Business
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________ is absolute error as a percentage of demand
A) Cumulative error B) MAD C) MAPD D) Average error
Business
To determine if notes payable are included in the proper period, the auditor should
A) trace the cash received from the issuance to the accounting records. B) examine duplicate copies of notes to determine whether the notes were dated on or before the balance sheet date. C) examine duplicate copies of notes for principal and interest rates. D) trace the individual notes payable to the master file.
Business