Examlex

Solved

Scuz Bootes Has Been Doing Custom Choppers,piercings,and Tattoos for Over

question 71

Multiple Choice

Scuz Bootes has been doing custom choppers,piercings,and tattoos for over thirty years.His home and place of business is a garage in the harbor district of Seattle,Washington.He has meticulous records of every job he has ever done,carefully handwritten with the customer name and address,a description of the job,and an attached picture of the bike or body part before and after customization.His unique style has recently attracted the attention of national media after several celebrities sought him out and showcased his work.Business is booming.Consequently,Scuz has hired you to construct an accounting information system,beginning with the historical records.As you read through the records,you notice that some customer last names have different first names in different records.For example,R.Framington Farnsworth (custom chopper) ,Bob Farnsworth (tattoo) ,and Snake Farnsworth (tattoos and piercings) all seem to be the same person.This is an example of what type of problem in the existing records?


Definitions:

Production Area

Part of a business where goods are manufactured or assembled.

Controllable Variance

The difference between the actual amount of variable factory overhead cost incurred and the amount of variable factory overhead budgeted for the standard product.

Factory Overhead

The indirect costs associated with manufacturing, such as utilities, maintenance, and salaries for management.

Budgeted Amount

Financial projections or planned amounts set aside for specific purposes, revenues, or expenses during a budget period.

Related Questions