A manager who relies on a single factor to predict employment needs is likely using a trend analysis.
Answer the following statement true (T) or false (F)
True
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If a business needs cash before the due date of a note, it can endorse the note and transfer it to a bank
a. True b. False Indicate whether the statement is true or false
Sample size and location have little impact on costs for ________
A) focus group interviews B) personal interviews C) mail surveys D) Internet-based surveys E) telephone surveys
When a firm reacquires common shares under the Constructive Retirement Method for Repurchased Shares:
a. the Treasury Stock—Common account has a debit balance and therefore reduces total shareholders' equity. b. the accountant debits the Treasury Stock—Common account for the par value of the repurchased shares, debits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Retained Earnings for any difference between the repurchase price. c. the accountant debits the Common Stock account for the par value of the repurchased shares, debits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Retained Earnings for any difference between the repurchase price. d. the Treasury Stock—Common account has a credit balance and therefore reduces total shareholders' equity. e. the accountant credits the Common Stock account for the par value of the repurchased shares, credits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Retained Earnings for any difference between the repurchase price.
The entry to close the Depreciation Expense account would include a debit to:
A. the Depreciation Expense account and a credit to the Income Summary account. B. the Income Summary and a credit to Cash. C. the Cash account and a credit to the Income Summary account. D. the Income Summary account and a credit to the Depreciation Expense account.