Answer:
d.regardless of what Ocean knew or could have discovered.
Explanation:
The uniform commercial code are a set of rules that govern transactions involving sale of goods. One of such rules is the implied warranty of merchantability.
When goods are sold there is an implied warranty that the item will perform up to a particular level.
For example if one buys a television not is expected that the television will work. If it does not come on, implied warranty has been breached.
So in this case regardless of what Ocean knew or could have discovered, selling defective goods is a breach of implied warranty of merchantability.
Answer:
The correct answer is A: All of the answer are correct
Explanation:
ABC defines production as consisting of a variety of activities, and it assigns costs to those activities. An activity cost pool is an aggregate of all the costs associated with performing a particular business task, such as making a particular product. By pooling all costs incurred in a particular task, it is simpler to get an accurate estimate of the cost of that task.
Cost pool is created for those costs more closely aligned with the production of goods or services. It is very common to have separate cost pools for each product line. If production batches are of greatly varying lengths, then it has to consider creating cost pools at the batch level, so that it can adequately assign costs based on batch size.
To conclude, the creation of a cost pool and the subsequent assignment of costs will vary according to the length of production and the possibility to discriminate and assign costs.
Answer: Private accountant whose work involve managerial accounting
Explanation:
From the question, we are informed that Quinn is an accountant who is employed by CCDL Enterprises and that recently, she has spent much of her time working on defining measures of costs for the production department and checking to ensure that various departments are staying within their budgets.
The above analysis shows that Quinn is a private accountant whose work involve managerial accounting. This is illustrated in what she does whch has been analysed in the question.
This is an example of FRAUD. Fraud is defined as any wrongful or criminal deception which is aimed at obtaining personal gains, which can be financial or otherwise. There are different types of fraud, they include: fraudulent financial statement, bribery and corruption, misappropriation of assets, embezzlement of company's funds, etc. All frauds are illegal.
