Surprisingly, entrepreneurs frequently forget to include _____ in the business plan.
a. the name of the company
b. the return address or phone number
c. the month and year the plan is issued
d. a customer endorsement
ANSWER: a
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Which of the following is TRUE of a sales journal prepared under the perpetual inventory system?
A) It includes a Cost of Goods Sold DR, Merchandise Inventory CR column. B) It records both cash and credit sales transactions. C) All transactions recorded in a sales journal also are entered in the general journal. D) It cannot be used with a perpetual inventory system.
Wyatt Corporation has the following standard costs associated with the manufacture and sale of one of its products: Direct material $3.00 per unit Direct labor 2.50 per unit Variable manufacturing overhead 1.80 per unit Fixed manufacturing overhead 4.00 per unit (based on an estimate of 50,000 units per year) Variable selling expenses .25 per unit Fixed SG&A expense $75,000 per year During its
first year of operations Wyatt manufactured 51,000 units and sold 48,000 . The selling price per unit was $25 . All costs were equal to standard. Refer to Wyatt Corporation. Under absorption costing, the standard production cost per unit for the current year was a. $ 7.30. b. $11.30. c. $11.55. d. $13.05.
The backward pass in project network calculations determines all of the following EXCEPT
A. Earliest time an activity can finish. B. Latest time an activity can begin. C. Latest time an activity can finish. D. The critical path. E. How long an activity can be delayed.
An example of __________ is an adversary gaining unauthorized access
to sensitive data by overcoming the system's access control protections. Fill in the blanks with correct word