BUS 475 Capstone Final Exam Part 2 Answers on UOP E Tutors

29.) Which of the following controls would best help detect the removal
of a blank check by an employee from the back of a company's
checkbook for subsequent misappropriation of funds?
An accounting policies manual
Tracing any debit memorandums from the bank to the company's records
A review of the cash budget
The use of pre-numbered checks
30.) A SWOT analysis is a framework for analyzing a firm’s environments.
A SWOT is made up of
Internal environmental analysis of threats and weaknesses.
Internal strengths and weaknesses; external threats and opportunities.
Internal threats and weakness and external strengths and opportunities.
External analysis of strengths and opportunities.
31.) Trumpeting Trumpets has the following inventory data:
July 1: Beginning inventory 30 units at $120
July 5: Purchases 180 units at $112
July 14: Sale
120 units
July 21: Purchases 90 units at $115
July 30: Sale
84 units