CMA-Financial-Planning-Performance-and-Analytics 무료 덤프문제 온라인 액세스

GorCo anticipates 10% sales growth each month for the next three months, and plans to sell 120.000 units of finished goods In the first month. The company plans production so that ending inventory is equal to 5% of the next month's budgeted sales On GorCo's production budget for the second month the number of finished goods units to be produced would be

• A.131,340.
• B.132,000.
• C.132,600.
• D.132,660.

Inherent risk factors involved in the revenue recognition process include each of the following except

• A.Industry factors that affect pricing, terms and discounts
• B.legal factors that affect product warranties, returns and liabilities
• C.breakdown of segregation of duties controls
• D.computerization of the process by which sates receipts and credit memoranda are recorded

The following information pertains to Wang Corporation which uses standard costing for its materials.
The following information pertains to Wang Corporation which uses standard costing for its materials.

What is me amount of the unfavorable material-related variance that would appear on a report to the production foreman?

• A.$4,000
• B.$5,600
• C.$5,000
• D.$6,000

Comprehensive income is best defined as

• A.the change in net assets for the period including contributions from owners and distributions to owners
• B.the change In net assets for the period excluding owner transactions
• C.net income excluding realized gams and losses
• D.total revenues minus total expenses

Which one of the following statements describes now Section 302 of the Sarbanes-Oxley Act impacts a company's Internal control environment?

• A.Greater external scrutiny results because a new auditor must be appointed annually
• B.The auditor is more independent because non-audit services are prohibited
• C.The board s financial expertise improves because a financial expert is appointed
• D.Executives are more supportive since they certify their responsibility for the system