Which of these accounts would normally be affected by an adjustment?

A. Cash.
B. Equipment.
C. Notes Payable.
D. Deferred Revenue.


Answer: D

Business

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(CMA adapted, Jun 96 #15) Refer to the Fabulous Engine Company example. If Fabulous uses a weighted average periodic inventory system, the total cost of the inventory for carburetor 2642J at March 31 is

a. $188,374 b. $194,200 c. $198,301 d. $198,374 e. $199,233

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______ is concerned with regulating inputs to a work center in relation to output and available capacity so that the queues and waiting times of jobs can be managed and kept under control.

A. Input control B. Input–output control C. Process control D. Capacity control

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Anna, a supervisor, places herself in a conflict of interest when she

A) asks her boss for a raise even though her performance has been mediocre. B) recommends the same salary increase for everyone in the department. C) attempts to sell vitamins and food supplements to her subordinates. D) attempts to sell vitamins and food supplements to poor people in her neighborhood.

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According to Table 8-6, which describes a labor planning problem and its solution, how many workers would be assigned to shift 1?

A) 12 B) 13 C) 0 D) 2 E) None of the above

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