Accountant

A The speed at which inventory is sold only B The ratio of sales returns to purchases C The ability to meet longer-term obligations and continue operating financially D The amount of cash in petty cash

A The percentage of inventory damaged B The rate of VAT charged on sales C The number of invoices issued per day D The extent to which an entity uses debt financing relative to equity or capital

A Dividends divided by total assets B Earnings available to ordinary shareholders divided by ordinary dividends C Sales divided by trade payables D Cash divided by inventory

A Favorable B Unfavorable revenue C A balance sheet error D Adverse

A Calculating employee deductions B Recording petty cash C Reconciling supplier statements only D Evaluating the financial attractiveness of long-term investment proposals

A The dates covered by a bank statement B The range of tax rates in a country C The number of accounts in a ledger D The activity range over which assumed cost behavior relationships are expected to hold

A A resource that restricts the level of activity or output B A source document C A tax credit D A cost that never changes

A Audit sampling size B Expected dividends C Materials required for planned production D Cash collected from customers only

A Trade receivables at year-end only B Income tax rates C Labor hours and labor costs needed for planned activity D Cash paid for fixed assets only

A To prepare the sales budget B To calculate depreciation C To verify employee attendance D To compare supplier records with the entity's payable ledger and identify differences