Answer:
D
Explanation: Even though analytical procedures were performed during fieldwork of a compilation engagement, the agreed upon procedure was a compilation engagement. Additional review procedures was used during the compilation engagement for reasons the accountant deemed necessary. A review report can only be issued if the initial agreed upon engagement was a review of the company's financial statements and a full review engagement was conducted and not simply additional review procedures during a compilation engagement.
Answer: Lead generation
Explanation: In simple words, lead generation refers to the process under which an entity tries to make their potential customers interested in their product for the first time. It can also be seen as the initiating step in building the customer base.
In the given case, the Texas department is trying to attract tourists to visit their state. It is the first time they are trying to do so by inviting the readers of magazines.
Hence from the above we can conclude that the primary purpose of their ad was lead generation.
Answer:
Option C. Has not only captured customers from other phone companies but also forced these companies
Explanation:
One of the common idiom used is "not only.... but also". As the option B and E includes the word "it" between "but also" hence these two are incorrect.
It is also worth noticing that it must place verb which comes just after "not only.... but also" and must be "captured.....forced" respectively. So the Option D is also incorrect because it doesn't places the verb in parallel position.
The option A uses the incorrect pronoun which is "them" because it doesn't highlights about whom it is addressing. Just look at the following sentence:
Has not only captured customers from other phone companies but also forced them. Here we don't know whom the pronoun "them" is addressing. It can be either customers or the companies. So there is a confusion. The correct pronoun must be "these companies" because it specify whom it is addressing.
Therefore, the answer is C.
Are there options? If not I’d say management.
Answer:
The company should use the weighted average method of process costing.
Explanation:
FIFO and Weighted average cost method are the two methods of Process costing. The company is already using the FIFO method for accounting of inventory under which cost are misappropriated into closing WIP.
To solve such issue, the company can use the weighted average method under which cost is calculated by weighted average and then evenly distributed to the unit transferred to other department and the ending work in process.
Example: Suppose company purchased goods lying stock 20000 units at $5 each. Weighted average cost calculated per unit is $3 per unit. Calculate Closing work in process
==> FIFO = 20000*5 = $100,000
==> Weighted average cost = 20000 * 3 = $60,000
