题目内容
（请给出正确答案）
Warranty cost is an example of an _____ .
A . internal failure cost
B . appraisal cost
C . external failure cost
D . customer satisfaction cost
E . All of the above.
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更多“Warranty cost is an example of…”相关的问题
Which of the following is not a cost of non-conformance？
A . maintenance and calibration
B . warranty repairs
C . scrap
D . rework
E . All of the above.
(a) You are the manager responsible for the audit of Dylan Co, a listed company, and you are reviewing the working papers of the audit file for the year ended 30 September 2012. The audit senior has left a note for your attention:
‘Dylan Co outsources its entire payroll, invoicing and credit control functions to Hendrix Co. In August 2012, Hendrix Co suffered a computer virus attack on its operating system, resulting in the destruction of its accounting records, including those relating to Dylan Co. We have therefore been unable to perform. the planned audit procedures on payroll, revenue and receivables, all of which are material to the financial statements. Hendrix Co has manually reconstructed the relevant figures as far as possible, and has supplied a written statement to confirm that they are as accurate as possible, given the loss of accounting records.’
Required:
(i) Comment on the actions that should be taken by the auditor, and the implications for the auditor’s report; and (7 marks)
(ii) Discuss the quality control procedures that should be carried out by the audit firm prior to the audit report being issued. (3 marks)
(b) You are also responsible for the audit of Squire Co, a listed company, and you are completing the review of its interim financial statements for the six months ended 31 October 2012. Squire Co is a car manufacturer, and historically has offered a three-year warranty on cars sold. The financial statements for the year ended 30 April 2012 included a warranty provision of $1·5 million and recognised total assets of $27·5 million. You are aware that on 1 July 2012, due to cost cutting measures, Squire Co stopped offering warranties on cars sold. The interim financial statements for the six months ended 31 October 2012 do not recognise any warranty provision. Total assets are $30 million at 31 October 2012.
Required:
Assess the matters that should be considered in forming a conclusion on Squire Co’s interim financial statements, and the implications for the review report. (6 marks)
192 Which of the following is associated with a buyer's request for material to meet a particular need:
A. material warranty
B. material guarantees
C. implied warranty of salability
D. implied warranty of fitness for a particular purpose
E. A and C only
A Express warranty
B Implied warranty of merchantability
C Implied warranty of fitness for a particular purpose
D Prescribed warranty
E None of the above.
72 _____ is associated with a buyer's request for materials or equipment to meet a particular need or accomplish a specific purpose.
A. Express warranty
B. Implied warranty of merchantability
C. Implied warranty of fitness for a particular purpose
D. Prescribed warranty
E. None of the above
A material warranty
B material guarantees
C implied warranty of salability
D implied warranty of fitness for a particular purpose
E A and C only
(b) Explain the principal audit procedures to be performed during the final audit in respect of the estimated
warranty provision in the balance sheet of Island Co as at 30 November 2007. (5 marks)
