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skad [1K]
3 years ago
6

A customer’s order was never filled because an order entry clerk transposed the customer identification number while entering th

e sales transaction into the system. Which of the following controls would most likely have detected the transposition?
A. Limit test.
B. Completeness test.
C. Validity check.
D. Sequence test.
Business
2 answers:
Stells [14]3 years ago
6 0

Answer:

The correct answer is C. Validity check.

Explanation:

Identifying possible errors in real time, as the process progresses through the warehouse, allows you to make the necessary adjustments at the moment and reduces the time and resources dedicated to correcting faults. Intermec 2D and RFID portable barcode technologies improve the accuracy of storage processes and preparation of orders to such an extent that many companies can do without the step of verifying orders in the loading process.

Aliun [14]3 years ago
6 0

Answer:

C) Validity check

Explanation:

A validity check is a verification process that is done to make sure that a process is being properly carried out. This verification process can be done manually by verifying the process against a check list or by using specific tools plus  software that can help you track down the different processes, e.g. production or distribution processes.

You might be interested in
Hepner Corporation has the following stockholders' equity accounts:
OLga [1]

Answer:

$235,000

Explanation:

The computation of the goodwill amount attributed is shown below:

Common stock $1,660,000  

Preferred stock $630,000  

Non controlling interest in common stock $415,000  

Non controlling interest in preferred stock $270,000  

Fair value at acquisition date                 $2,975,000  

Book value  $2,740,000 (560,000 + $810,000 + $360,000 + $1,010,000)

Goodwill                        $235,000

5 0
3 years ago
Phoenix, a popular coffee shop chain in north america, recently opened 400 stores to cater to its rapidly increasing number of p
Lapatulllka [165]
The rapidly increasing number of patrons of Phoenix, a coffee shop chain and their recent opened 400 stores to cater it, exemplifies market penetration, where the measurement of their product acceptance or sales is high compared to the total market for that product.
3 0
3 years ago
Minor Electric has received a special one-time order for 600 light fixtures (units) at $8 per unit. Minor currently produces and
chubhunter [2.5K]

Answer:

700 units

Explanation:

Calculation for the what the size of the order will be.

Using this formula

Unit to sell= Total additional fixed costs + desired profit / Contribution margin per unit=

Let plug in the formula

Units to sell=$550 + $850 / (8-6)

Units to sell= $1,400/2

Units to sell=700 units

Therefore the size of the order will be 700 units

6 0
2 years ago
PURCHASING POWER PARITY In the spot market, 19.1 Mexican pesos can be exchanged for 1 U.S. dollar. A compact disc costs $15 in t
LiRa [457]

Answer: $286.50

Explanation:

Purchasing Power Parity (PPP) posits that prices are the same across countries given the rate of exchange between the currencies of the countries in question.

1 USD = 19.1 Mexican pesos.

Compact disc in Mexico would cost;

= 19.1 * 15

= $286.50

8 0
3 years ago
Frazier Company sells women's ski jackets. The average sales price is $272 and the variable cost per jacket is $122. Fixed Costs
padilas [110]

Answer:

b. $2,205,000

Explanation:

We know,

Contribution Margin = Sales (Revenues) - Variable Cost (expense)

Contribution margin is the difference between sales and variable cost.

Given,

Sales per unit = $272

Variable cost per unit = $122

Sales volume (Number of Ski Jackets) = 14,700 jackets

Now, we use contribution margin format income statement to determine the contribution margin for 14,700 jackets.

Sales ($272 × 14,700 jackets)                                             $3,998,400

<u>Less: Variable expense ($122 × 14,700 jackets)                $(1,793,400)</u>

Contribution Margin [($272 - 122) × 14,700 jackets]  = $2,205,000

Therefore, option B is the answer.

4 0
3 years ago
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