If a cash surplus is to be invested and a company wants the highest return possible over a period of a year with low risk, which of the following would be the best?
A. Bank deposit
B. Certificate of deposit
C. Government Bonds
D. Equity
Which TWO of the following are usually functions of the treasury department?
A. Credit control
B. Investment of surplus funds
C. Debt collection
D. Banking relationships
The following costs have been identified in the production of product GY. What is the direct cost and indirect cost for a single unit of GY assuming production and sales of 1,000 units in the period?
A. Direct cost $13.00 Indirect cost $13.50
B. Direct cost $16.80 Indirect cost $9.70
C. Direct cost $11.20 Indirect cost $15.30
Direct cost $15.30 Indirect cost $11.20
What is the correct order of procedure for a business which uses job costing?
A. 1, 2, 3, 4, 5
B. 3, 2, 1, 4, 5
C. 3, 1, 2, 4, 5
D. 1, 3, 2, 4, 5