Which of the following is desirable in a good system of internal accounting control?
Select one:
A. Appropriate forms, such as checks and sales invoices, should have preprinted control numbers
B. Responsibility and authority for a given function should be shared among several employees
C. To obtain the benefit of specialization, employees should not be rotated among similar jobs
D. All accounting personnel in a firm should be bonded
A. Appropriate forms, such as checks and sales invoices, should have preprinted control numbers
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The journal entry to issue $600 of direct materials and $30 of indirect materials to production involves debit(s) to the ________
A) Work-in-Process Inventory account for $600 and Finished Goods Inventory account for $30 B) Manufacturing Overhead account for $630 C) Work-in-Process Inventory account for $600 and Manufacturing Overhead account for $30 D) Work-in-Process Inventory account for $630
The Hawthorne effect refers to:
What will be an ideal response?