Cash receipts from sales on account have been misappropriated. which of the following acts would conceal this defalcation and be least likely to be detected by an auditor?

a. understating the sales journal
b. overstating the accounts receivable control account
c. overstating the accounts receivable subsidiary ledger
d. understating the cash receipts journal

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.