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A company's gross profit as a percentage of sales increased from 24% in the year ended 31 December 20X1 to 27% in the year ended 31 December 20X2.Which of the following events is most likely to have caused the increase?
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All the following statements relate to criminal and civil law. Which one of the statements is correct?
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Which of the following is the prosecutor in a criminal law case?
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A principal may, in certain circumstances, ratify the acts of the agent which has retrospective effect.
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A firm has to pay a 20c per unit royalty to the inventor of a device which it manufactures and sells. How would the royalty charge be classified in the firm's accounts?
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Which of the following would be classed as indirect labour?
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Which of the following is not an aim of internal controls?
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Some controls are provided automatically by the system and cannot be by-passed, ignored oroverridden: for example, having to input a password to enter a computer system. These are classified as controls.Which term correctly completes thisstatement?
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Which of the following would be classed as a 'selection' rather than a 'recruitment' activity?
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A recruitment manager has prepared a statement of the key duties, involved in a particular job, as the basis for job interviewing. tasks and reporting responsibilitiesWhat name would be given to such a statement?
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There are 27,500 units of Part Number X35 on order with the suppliers and 16,250 units outstanding on existing customers' orders.If the free inventory is 13,000 units, what is the physical inventory?
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What is an attainable standard?
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Which of the following is not a category in Maslow's hierarchy of needs theory?
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The following data is available for period 9.Opening inventory 10,000 unitsClosing inventory 8,000 unitsAbsorption costing profit $280,000What would be the profit for period 9 using marginal costing?
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'An organisation is a social arrangement which pursues collective____, which controls its own performance and which has a boundary separating it from its environment.'Which of the following words best completes this sentence?
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What is the term given to the idea that the combined output of a number of individuals working together will exceed that of the same individuals working separately?
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Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received.Which accounting concept governs the above?
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Which accounting concept states that omitting or misstating this information could influence users of the financial statements?
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If a supervisor in the Sales department requests the help of the HR Director in a complex disciplinary matter, what direction is the communication flow?
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What name is given to the process whereby an individual defines objectives and formulates action plans for learning with a view to improving his or her own effectiveness?
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