Most forecasting techniques assume that there is some underlying stability in the system

Which of the following threats is not specific to the purchase requisition process of the expenditure cycle?

A) stockouts B) purchasing from unauthorized vendors C) requisitioning goods not needed D) All of the above are threats in the purchase requisition process.

A debit balance in the Manufacturing Overhead account at the end of the period indicates that overhead has been under-applied to jobs

Indicate whether the statement is true or false.