Answers

AP

Answered

When choosing fonts and type styles for slides,be sure to

A) use script fonts for emphasis.
B) limit your fonts to no more than two per slide.
C) avoid boldface type.
D) use a different font to call attention to keywords.
E) use a standard,12 point font for text.

On Aug 06, 2024


B
AP

Answered

Joseph worked for XJS Manufacturing for seven years with no incident.During a particularly stressful evening,when Joseph was going through a nasty divorce,he violated a court order and was arrested,but managed to post a bond.When Joseph showed up for work the next morning,his supervisor Bruce told Joseph in the break room with a few others around,"We have to lay you off now,but you can have your job back once the case is over,including any back pay or benefits." Joseph thanked Bruce.When Joseph's case was over,he came back to work but was told by Bruce he was no longer needed and was escorted by security off the premises.Joseph has the required elements to sue Jameson Enterprises,claiming wrongful discharge based promissory estoppel.

On Aug 05, 2024


True
AP

Answered

The production department is proposing the purchase of an automatic insertion machine. It has identified three machines and has asked the accountant to analyze them to determine the best cash payback. Which machine has the best payback period?​ The production department is proposing the purchase of an automatic insertion machine. It has identified three machines and has asked the accountant to analyze them to determine the best cash payback. Which machine has the best payback period?​   A)  Machine A B)  Machine C C)  Machine B D)  They all three have the same cash payback period.

A) Machine A
B) Machine C
C) Machine B
D) They all three have the same cash payback period.

On Jul 07, 2024


C
AP

Answered

Rosemary signs a contract to sell 500 wood panels for $5,000 to Schirmer Industries to be delivered by April 1. In this case, which of the following statements is NOT true?

A) Rosemary has a duty to deliver the goods by April 1.
B) Schirmer Industries has a right to receive the goods by April 1.
C) The duties and rights of Rosemary and Schirmer Industries are correlative.
D) Substantive law provides the remedy if either Rosemary or Schirmer Industries breaches this contract.

On Jul 06, 2024


D
AP

Answered

On March 1 2016 Mike Dials purchased a suit at Lenny's Fine Apparel Store. The suit cost $800 and Mike used his Lenny's credit card. Lenny's charges 3% per month interest if payment on credit charges is not made within 30 days. On April 30 2016 Mike had not yet made his payment. What entry should Lenny's make on April 30th? a.
Uncollectible Account 800 Accounts Receivable 800\begin{array}{lrr} \text {Uncollectible Account } &800\\ \text { Accounts Receivable } &&800\\\end{array}Uncollectible Account  Accounts Receivable 800800

b.
 Bad Debt Expense776 Interest Expense 24Accounts Receivable 800\begin{array}{lrr} \text { Bad Debt Expense} &776\\ \text { Interest Expense } &24\\ \text {Accounts Receivable } &&800\end{array} Bad Debt Expense Interest Expense Accounts Receivable 77624800


c.
 Accounts Receivable 824 Interest Expense24 Sales Revenue800\begin{array}{lrr} \text { Accounts Receivable } &824\\ \text { Interest Expense} &&24\\ \text { Sales Revenue} &&800\end{array} Accounts Receivable  Interest Expense Sales Revenue82424800

d.
 Accounts Receivable24 Interest Expense24\begin{array}{lrr} \text { Accounts Receivable} &24\\ \text { Interest Expense} &&24\\\end{array} Accounts Receivable Interest Expense2424

On Jun 07, 2024


D
AP

Answered

Classify the following activities as planning (P), implementation (I), or control (C).
1. Estimating the amount of units that will be sold in the upcoming quarter.
2. Assigning production line workers to stations in the production plant.
3. Choosing between manual labor or purchasing a machine that will automate the production process.
4. Preparing a performance report which compares actual sales to budgeted sales for the last month.
5. Solving a bottleneck issue in the production plant by moving one production line worker from station 2 to station 5 on the production line.
6. Negotiating discounts with suppliers for materials needed in the production process.

On Jun 06, 2024


1. P
2. I
3. P
4. C
5. I
6. I
AP

Answered

Wellness programs are a group-focused technique for organization development intervention.

On May 08, 2024


False
AP

Answered

Why is Revenue increased on the Credit side? (Explain as it pertains to the expanded accounting equation and its relationship to Owner's Equity.)

On May 07, 2024


Revenue is an increase to owner's equity; Capital is increased on the credit side.