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NEW QUESTION: 1
Which of the following are the two broad classifications of management styles please mark the correct option:
A. Autocratic management
B. Directing management
C. Participative management.
D. Consultative management
Answer: A,C
NEW QUESTION: 2
The correct equation for schedule variance (SV) is earned value:
A. divided by actual cost [EV/AC].
B. divided by planned value [EV/PV],
C. minus planned value [EV - PV].
D. minus actual cost [EV - AC].
Answer: C
NEW QUESTION: 3
To provide assurance that each voucher is submitted and paid only once, an auditor most likely would
examine a sample of paid vouchers and determine whether each voucher is:
A. Prenumbered and accounted for.
B. Supported by a vendor's invoice.
C. Approved for authorized purchases.
D. Stamped "paid" by the check signer.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. By stamping the voucher "paid," the check signer cancels the voucher so it cannot
be resubmitted for payment.
Choice "A" is incorrect. Even invoices that are supported by prenumbered sales invoices can be
resubmitted for payment if they are not canceled, resulting in duplicate payments.
Choice "C" is incorrect. Accounting for the sequence of prenumbered vouchers would only test whether all
vouchers are present. It would not prevent a voucher from being paid twice.
Choice "D" is incorrect. Proper authorization would help ensure that payments were properly authorized,
but would not prevent duplicate payments.
NEW QUESTION: 4
DRAG DROP
Answer:
Explanation:
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