All of the following create problems with accurate product or job costing EXCEPT:
A) incorrect job numbers are recorded on source documents.
B) bar coding is used to record materials used on the job.
C) using budgeted overhead costs to determine overhead cost allocation rates.
D) a computer screen requests an employee number before that employee is able to work on information related to a specific job.
B
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A tax on imports that is levied as a fixed charge per unit of an imported good is called a(n) _____ tariff.
Fill in the blank(s) with the appropriate word(s).
When should a transfer of receivables be recorded as a sale?
a. The transferred assets are isolated from the transferor. b. The transferor does not maintain effective control over the transferred assets through an agreement to repurchase or redeem them prior to their maturity. c. The transferee has the right to pledge or exchange the transferred assets. d. All of the above.