Which of the following services, if any, may an accountant who is not independent provide?

a. Compilations but not reviews
b. Reviews but not compilations
c. Both compilations and reviews
d. No services

Ans: a. Compilations but not reviews

Business

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The predetermined overhead allocation rate is calculated by dividing ________

A) the total estimated overhead costs by total number of days in a year B) the estimated amount of cost driver by actual total overhead costs C) the actual overhead costs by actual amount of the cost driver or allocation base D) the estimated overhead costs by total estimated quantity of the overhead allocation base

Business

Which of the following is an example of a variable used in demographic segmentation?

A) behavioral characteristics B) national income C) attitude D) lifestyle

Business