Which of the Following Is Not a Fraudulent Practice for Assigning

question 50

Multiple Choice

Which of the following is not a fraudulent practice for assigning costs?

• A)Misstating the stage of completion of jobs
• B)Charging costs to the wrong jobs or categories
• C)Comparing actual with estimated costs for pricing future jobs
• D)Misrepresenting the costs of jobs

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Definitions:

Acceptance Sampling

A statistical quality control method where a random sample of items from a lot is inspected to determine if the entire lot should be accepted or rejected.

Process Control

The practice of managing and maintaining the variables within a production process to ensure the output meets the desired criteria.

Sample Averages

The mean values calculated from subsets of a larger population or dataset to represent or estimate the population's characteristics.

C-chart

A control chart used in statistical quality control to monitor the number of defects per unit of a process, helping to measure process variation.