Which of the following is not a typical analytical procedure?
a. study of relationships of the financial information with relevant nonfinancial information.
b. comparison of recorded amounts of major disbursements with appropriate invoices.
c. comparison of the financial information with similar information regarding the industry in which the entity operates.
d. comparison of financial information with budgeted amounts.

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.

Explain how can you avoid conflict by adjusting

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm