All of the following conditions signal that revenue recognition may have been recorded too early except:

a. large and volatile amounts of uncollectible accounts receivable.
b. a decrease in the number of days accounts receivable are outstanding.
c. unusually large amounts of returned goods.
d. excessive warranty expenditures.


B

Business

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Answer the following statements true (T) or false (F)

1.In some cultures, verbal assertions of the right to power on the part of individuals are repressed. 2.Roger expects people he likes to like what he like and people he doesn’t like to dislike what he likes. This is an example of minimal justification for action. 3.Arturo knows what Isabella wants, he is able to provide it, he lets her know this ability exists, and reveals what she needs to do for her to have what it is she wants. This is an example of legitimate power. 4.Ron really likes Hermione and wants to be like her so she will like him. When she asks him to carry her wand to the train station, Ron complies with the request. It would appear that Hermione exerts reference power over Ron. 5.Janice has always loved Aunt Tilly’s homemade apple pie, but every attempt she has made to duplicate the recipes has ended in disappointment even though she asker Aunt Tilly to write down the recipe and instructions. When Aunt Tilly comes to visit, Janice asks her aunt to help her make two of those delicious pies. The two make the pies together and Janice follows every step as instructed by Aunt Tilly. The pies turned out to be perfectly baked because Janice followed Aunt Tilly’s direction rather than the way she thought she should make the pies. Aunt Tilly exhibits expert power in this case.

Business

Which securities are purchased with the intent of selling them in the near future?

a. Marketable equity securities b. Available-for-sale securities c. Trading securities d. Held-to-maturity securities

Business

On a CVP graph, the total revenue line intersects the y-axis at zero

Indicate whether the statement is true or false

Business

Tyree is concerned about minimizing ordering and holding costs without running out of stock. Tyree is primarily interested in calculating ______.

a. materials requirement planning b. economic order quantity c. enterprise resource planning d. supply chain management

Business