Which one of the following is an accurate description of Allowance for Doubtful Accounts?
a. Contra account
b. Liability account
c. Revenue account
d. Expense account
a
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On the statement of cash flows using the indirect method, an increase in the deferred tax liability would be shown as
a. an addition to net income. b. a deduction from net income. c. an increase in investing activities. d. an increase in financing activities.
A total quality system should be designed to promote a reorientation of thinking from an emphasis on
a. internal quality improvements to an emphasis on external benchmarking. b. the planning process to an emphasis on the performance evaluation process. c. inspection to an emphasis on prevention. d. process benchmarking to an emphasis on results benchmarking.
The political/regulatory environment comprises political parties, governmental organizations, and
A. for-profit and nonprofit businesses. B. citizens. C. international influences. D. legislation and laws. E. interest groups.
A meta-analysis found that situational judgment test scores are positively correlated with
a. interpersonal skills b. teamwork skills c. leadership d. all of the above