External link to Question : 61) What the cost per bouquet if “super-variable costing” used? 61) ______ : 1196290

Question : 61) What the cost per bouquet if “super-variable costing” used? 61) ______ : 1196290

  61) What is the cost per bouquet if “super-variable costing” is used? 61) ______ A) $2.50 B) $3.75 C) $4.75 D) $1.98 E) $5.50 62) Which of the following criteria should be used to evaluate management according to critics of absorption costing? 62) ______ A) The extent to which inventoried costs are decreased. B) The extent to which production quotas are exceeded C) we […]

External link to Question : Multiple Choice Questions 26. The General Mental Ability Test (GMAT) an : 1234403

Question : Multiple Choice Questions 26. The General Mental Ability Test (GMAT) an : 1234403

  Multiple Choice Questions 26. The General Mental Ability Test (GMAT) is an example of a(n) __________. A) achievement test B) personality test C) performance test D) cognitive ability test E) knowledge-based test 27. What is a significant feature that all projective personality tests have in common? A) The meaning of each test question is clear. B) Evidence of their validity is substantial. C) The […]

External link to Question : 11) Hurricane Octavio caused $14,500 worth of damage to a : 1253052

Question : 11) Hurricane Octavio caused $14,500 worth of damage to a : 1253052

    11) Hurricane Octavio caused $14,500 worth of damage to a warehouse in Idaho owned by Team Shirts. This loss would be reported on the income statement as part of ________. A) discontinued operations B) extraordinary items C) depreciation expense D) income from continuing operations   12) Team Shirts sold its surfboard operations for $125,000 and incurred a loss of $47,000 on the sale. […]

External link to Question : 51. Lisa Ramos has a regular hourly rate of $10.75. In : 1202640

Question : 51. Lisa Ramos has a regular hourly rate of $10.75. In : 1202640

  51. Lisa Ramos has a regular hourly rate of $10.75. In a week when she worked 40 hours and had deductions of $55 for federal income tax, $26.75 for social security tax, and $6.25 for Medicare tax, her net pay was  A. $430. B. $342. C. $375. D. $397. 52. Lacy Crawford has a regular hourly rate of $21.50. In a week when she worked 40 hours and had deductions […]

External link to Question : 71. The first budget customarily prepared as part of an entity’s : 1233874

Question : 71. The first budget customarily prepared as part of an entity’s : 1233874

  71. The first budget customarily prepared as part of an entity’s master budget is the: A. production budgetB. cash budgetC. sales budgetD. direct materials purchases 72. Machine Manufacturers, Inc. projected sales of 66,000 machines for 2008. The estimated January 1, 2008, inventory is 6,500 units, and the desired December 31, 2008, inventory is 7,000 units. What is the budgeted production (in units) for 2008? A. 65,500B. 66,000C. 66,500D. 65,000 73. The budget that needs to be completed […]

External link to Question : 88.The carrying value of a bond issued at a premium: : 1254209

Question : 88.The carrying value of a bond issued at a premium: : 1254209

  88.The carrying value of a bond issued at a premium:   A. decreases by equal amounts each year if straight-line amortization is used. B. decreases by equal amounts each year if effective interest amortization is used. C. increases by equal amounts each year if straight-line amortization is used. D. decreases by smaller and smaller amounts each year if straight-line amortization is used. Wagoner Company […]

External link to Question : 191. The following information pertains to the Kathy Company for the : 1245824

Question : 191. The following information pertains to the Kathy Company for the : 1245824

    191. The following information pertains to the Kathy Company for the year ended December 31, Year 2:  Common shares outstanding 1,000,000 Stated value per share $10.00 Market price per share $80.00 Year 1 dividends paid per share $  4.00 Year 2 dividends paid per share $  5.00 Earnings per share $  8.00     The price-earnings ratio for Kathy’s common stock is A. 8 timesB. 9 timesC. 10 timesD. 12 timesE. 14 times […]

External link to Question : 71. Which of the following considered to be unearned revenue? A. Concert tickets : 1227141

Question : 71. Which of the following considered to be unearned revenue? A. Concert tickets : 1227141

    71. Which of the following is considered to be unearned revenue?  A. Concert tickets sold for tonight’s performance. B. Concert tickets sold yesterday on credit. C. Concert tickets that were not sold for the current performance. D. Concert tickets sold for next month’s performance.   72. Which of the following is an example of accrued revenue?  A. Swimming pool cleaning that has been paid for three months in advance. B. Swimming […]

External link to Question : 21) Under a periodic inventory system, the entries to record : 1212625

Question : 21) Under a periodic inventory system, the entries to record : 1212625

21) Under a periodic inventory system, the entries to record a $3,400 sales return for undamaged goods on an original cash sale when the merchandise had a cost of $1,500 include a debit to: A) Accounts Receivable of $3,400. B) Cost of Goods Sold of $1,500. C) Sales Returns and Allowances of $3,400. D) Inventory of $1,500.   22) In a periodic inventory system, the […]

External link to Question : 65) The most frequently encountered error when accounting for inflation in : 1196198

Question : 65) The most frequently encountered error when accounting for inflation in : 1196198

  65) The most frequently encountered error when accounting for inflation in capital budgeting is 65) ______ A) determining the nominal discount rate. B) keeping net cash flows in real terms and using a nominal discount rate. C) keeping net cash flows in nominal terms and using a real discount rate. D) increasing the nominal rate by the inflation rate. E) determining the amount of […]

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