Which of the following is NOT an effective attention-getting technique?
a. Startle or shock the audience
b. Use an interesting quote from a relevant source
c. Use off-color humor to upset the audience
d. Use a story to arouse emotion
c. Use off-color humor to upset the audience
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During 2016, a company wrote off $7,500 in uncollectible accounts receivable. At the end of the year, bad debt expense was estimated using a percent of gross sales. In 2017, the company collected $1,500 from an account that was written off in 2016. Recording this collection would include
A) a debit to Retained Earnings. B) a credit to Allowance for Doubtful Accounts. C) a decrease to gross receivables. D) an increase to net receivables.
The master budget generally starts with a sales forecast.
Answer the following statement true (T) or false (F)
As an organization moves to decentralize its operations, an effective reporting system will have ____ when the organization was centralized
a. about the same importance as b. less importance than c. more importance than d. a level of importance that depends on organizational size as compared to
A retailer found that a small percent of goods represented a large proportion of the store's total shrinkage. Which of the following strategies would be most effective?
a. use of in-store guards b. electronic article surveillance on the affected goods c. use of employee background checks d. use of mystery shoppers to watch for shoplifting