Coca-Cola's distinctive contour bottle, which is sold in many countries, illustrates the point that packaging:
A) strategies can vary by country and region.
B) helps in storing large sizes in refrigerators.
C) strategies do not change by country and region.
D) appeals only to Asian consumers.
E) helps in brand identification.
A
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Travel Trails, Inc manufactures railway coaches and uses the FIFO method of process costing to record costs
The Work-in-Process Inventory of the Heating Department on October 1 was 74% complete for materials and 23% complete for conversion costs. On October 31, its ending Work-in-Process Inventory was 84% complete for materials and 41% complete for conversion costs. This means that for the ending inventory, ________% of the materials and ________% of the conversion costs were added during October. A) 74; 41 B) 26; 23 C) 84; 41 D) 41; 84
Once an observation (finding) is identified by the internal auditor, it should be:
a) Documented in the workpapers. b) Included in the final audit report. c) Scheduled for follow-up. d) Reported to the external auditors.