Assume that the custodian of a $450 petty cash fund has $65 in coins and currency plus $382 in receipts at the end of the month.The entry to replenish the petty cash fund will include:

A) A debit to Cash for $382.
B) A credit to Cash Over and Short for $3.
C) A debit to Petty Cash for $385.
D) A credit to Cash for $385.
E) A debit to Cash for $450.

The current trend in delegation is ___.

A) to delegate more only to middle management
B) to empower people only at the bottom level of the organization
C) to delegate less and retain power at the top of the organization
D) to maintain the status quo
E) to delegate more and find more ways to empower people at all levels

Under what circumstances are classroom instruction and computer-based training equally effective?

A) when the trainees are all close in age
B) when the trainees are all equally educated
C) when the trainees are taught with the same instructional methods
D) when the trainees are trained with experienced trainers

FIT Payable has a credit normal balance.

Salary of secretary to vice president of marketing
A)Product cost - direct materials
B)Product cost - direct labor
C)Product cost - factory overhead
D)Period cost - selling expense
E)Period cost - administrative expense

(Figure: Consumer Surplus III) In the figure Consumer Surplus III,total consumer surplus is _____ when the price is $10.

A) $50
B) $59
C) $124
D) $144