External link to Question : 45. Low individualism and high long-term orientation indicative of which culture? A. United : 1229478

Question : 45. Low individualism and high long-term orientation indicative of which culture? A. United : 1229478

    45. Low individualism and high long-term orientation is indicative of which culture?  A. United States. B. Great Britain. C. Japan. D. Germany.     46. The price of one currency stated in terms of another currency is the:  A. Current ratio. B. Exchange rate. C. Facilitating payment. D. International clearing price.     47. When the government uses central planning to allocate resources and to determine output among various segments of the economy, this […]

External link to Question : Objective 2.4 1) A unit cost computed by ________. A) multiplying : 1211936

Question : Objective 2.4 1) A unit cost computed by ________. A) multiplying : 1211936

  Objective 2.4   1) A unit cost is computed by ________. A) multiplying total cost by the number of units produced B) dividing total cost by the number of units produced C) dividing variable cost by the number of units produced D) dividing fixed cost by the number of units produced   2) In making product mix and pricing decisions, managers should focus on […]

External link to Question : 71. Under U.S. GAAP, assets and liabilities in the balance sheet : 1245871

Question : 71. Under U.S. GAAP, assets and liabilities in the balance sheet : 1245871

    71. Under U.S. GAAP, assets and liabilities in the balance sheet appear in order of   A. decreasing closeness-to-cash. B. increasing closeness-to-cash. C. alphabetical order. D. numerical order. E. all of the above.   72. Under IFRS, assets and liabilities in the statement of financial position appear in order of  A. decreasing closeness-to-cash. B. increasing closeness-to-cash. C. alphabetical order. D. numerical order. E. all of the above.   73. The first step in the accounting record-keeping […]

External link to Question : 41. Which of the following statements correct? A. When cost of goods sold : 1228472

Question : 41. Which of the following statements correct? A. When cost of goods sold : 1228472

  41. Which of the following statements is correct?  A. When cost of goods sold as a percentage of sales increases the gross margin percentage will increase. B. It is possible for cost of goods sold in dollars to increase while cost of goods sold as a percentage of sales decreases. C. If gross margin percentage is the same for the current and past year, then sales and cost […]

External link to Question : 51. Job analysis provides all but one of the following managerial : 1251001

Question : 51. Job analysis provides all but one of the following managerial : 1251001

    51. Job analysis provides all but one of the following managerial benefits. Identify the exception.  A. It provides managers with an understanding of the work-flow process. B. It enables managers to make more accurate hiring decisions. C. It provides an avenue for communicating policy information to employees. D. It enables managers to more accurately evaluate subordinates’ performance. Job analysis refers to the process of getting detailed information about […]

External link to Question : 1. Which of the following not a form of a business : 1224847

Question : 1. Which of the following not a form of a business : 1224847

1. Which of the following is not a form of a business entity? A. Sole proprietorshipB. PartnershipC. EntrepreneurshipD. Corporation   2. In which of the following organization forms are the owners’ legal responsibility for the debt of the business limited to the amount they invested in the business? A. Sole proprietorshipB. CorporationC. PartnershipD. Cooperative   3. Which of the following best describes the term “current assets”? A. The amount of total profits earned by a business since it began operations […]

External link to Question : 61. As a general principle, under the accrual basis of accounting, : 1245892

Question : 61. As a general principle, under the accrual basis of accounting, : 1245892

    61. As a general principle, under the accrual basis of accounting, the firm recognizes revenue when the transaction meets which of the following conditions?  A. Revenue is recognized when there is completion of the earnings process, only. B. Revenue is recognized when there is receipt of assets from the customer, only. C. Revenue is recognized when there is completion of the earnings process and receipt of assets […]

External link to Question : 101. Interest a note can be calculated without knowledge of the A. note’s : 1234142

Question : 101. Interest a note can be calculated without knowledge of the A. note’s : 1234142

  101. Interest on a note can be calculated without knowledge of the  A. note’s maturity date B. rate of interest C. notes duration D. principal amount 102. On November 1, Blazer Company receives a 6% interest bearing note from Ram Company to settle a $20,000 account receivable. The note is due in six months. At December 31, Blazer should record interest revenue of  A. $0 B. $100 C. $200 D. $600 103. If the maker […]

External link to Question : 84.Preparing a journal entry in proper form involves all the : 1259735

Question : 84.Preparing a journal entry in proper form involves all the : 1259735

    84.Preparing a journal entry in proper form involves all the following except:    A. Listing all accounts debited before any credits.   B. Computing the balances in accounts involved in the transaction.   C. Indicating the date of the transaction.   D. Providing a brief written explanation of the transaction.         85.Posting is the process of:    A. Transferring debit and credit entries from the journal into […]

External link to Question : 51. When accounting for investments in trading securities, any decline in : 1228453

Question : 51. When accounting for investments in trading securities, any decline in : 1228453

  51. When accounting for investments in trading securities, any decline in market value below cost of the investments is reported in which of the following ways?  A. On the income statement as a realized loss. B. On the income statement as an unrealized holding loss. C. On the balance sheet as a realized loss. D. On the balance sheet as an unrealized holding loss in the stockholders’ equity section. […]

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