1. If you believe it is possible an ethical breach has been committed by your supervisor, your first response should be to

1. Alert the media
2. Check your company policy
3. Confront your supervisor
4. Discuss it with your supervisors superior
5. None of the above

2. A debit entry to the overhead control account represents

A. Applied overhead costs

B. Actual overhead costs

C. Cash paid for overhead costs

4. All of the above
5. None of the above

3. The Cost of Goods Sold statement is essentially an analysis of

1. The DM account
2. Depreciation
3. The WIP account
4. The FG account
5. None of the above

4. Equivalent units represent

1. The amount of direct materials included in units completed and transferred out
2. The number of units that would have been completed if they were worked on one at a time
3. The average number of units completed each period
4. The total number of units available for completion in a given period
5. None of the above

5. Which of the following would normally be the responsibility of the Purchasing Department?

1. DMUV
2. DMPV
3. DLRV
4. FOVV
5. None of the above

6. Which of the following would normally be the responsibility of the Sales Department?

1. DMUV
2. DMPV
3. DLRV
4. FOVV
5. None of the above

7. Which of the following would normally be the responsibility of the Production Department?

1. DLRV
2. DMPV
3. FOBV
4. FOVV
5. None of the above