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NEW QUESTION: 1
While conducting an audit, an internal auditor notices an unusual increase in sales among a small number of units within the organization. The units also experienced persistent negative cash flows despite reported earnings and earnings growth. Which type of fraud do the auditor's findings most likely indicate?
A. Inventory theft.
B. Fictitious revenues.
C. Employee collusion with customer organizations.
D. Improper asset valuation.
Answer: B

NEW QUESTION: 2
Approximately what percent of the HP printers imaging system is contained in the HP laserJet All-in-One print cartridge?
A. 50%
B. 90%
C. 30%
D. 70%
Answer: D

NEW QUESTION: 3
PERT에서 여유는 다음과 같습니다.
A. 관련된 시간이 가장 많은 경로.
B. 최신 시작 시간과 가장 빠른 마무리 시간의 차이.
C. 시간 추정치와 관련된 불확실성.
D. 전체 프로젝트를 지연시키지 않고 활동을 지연시킬 수 있는 일 수.
Answer: D
Explanation:
Slack is the amount of time that commencement of an activity can be delayed without forcing a delay of the entire project.

NEW QUESTION: 4
Which of the following is/are true about depreciation?
I. Depreciation allocates non-cash expenses to period in which long-lived assets are used.
II. Depreciation provides funds for the replacement of an asset.
III. Depreciation charges arise due to an adherence to accrual method of accounting.
A. I, II & III
B. I only
C. III only
D. I & III
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Depreciation is the accounting device which facilitates a charging of the costs incurred in prior periods on assets that have been used for productive activities in the current period. Note that this is a non- cash expense since the cash left the firm's coffers at the time the asset was purchased (either in part or in full).
Remember, however, that depreciation has cash flow consequences indirectly through its effect on taxes.
Depreciation expense owes its existence to the accrual method of revenue recognition whichrequires that expenses be matched with the revenues generated. No depreciation charges would exist under Cash accounting, which would allocate expenses as and when cash was used to make payments on asset purchases. Clearly, depreciation does not provide funds for anything for it is an accounting entry.