Accruals are considered:?
A. ?adjustable rate debt since a varying rate of interest is paid on them.
B. ?expensive debt since high rates of interest are paid on them.
C. ?cheap debt since low rates of interest are paid on them.
D. ?free debt since no interest is paid on them.
E. ?fixed-rate debt since a constant rate of interest is paid on them.
Answer: D
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Use this information pertaining to the Alvino Corporation to answer the following question. 1 . The corporation's Store Supplies account showed a beginning debit balance of $200 and supplies purchased of $800 . There were $300 of supplies on hand at year end. 2 . Depreciation on a building is estimated to be $5,000. 3 . A one-year insurance policy was purchased for $2,000 . Three months have
passed since the purchase. 4 . Accrued interest on a note receivable amounted to $100. 5 . The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed. The adjusting entry to record the amount of service revenue earned during the accounting period is a. Service Revenue 2,700 Unearned Revenue 2,700 b. Unearned Revenue 2,700 Service Revenue 2,700 c. Service Revenue 900 Unearned Revenue 900 d. Unearned Revenue $ 900 Service Revenue $ 900
List two ratios that are measures of solvency
The price elasticity of demand for a specific brand of deodorant is 1. The market for this product is considered
A. inelastic. B. a prestige market. C. saturated. D. elastic. E. dynamic.
Which of the following is a work challenge stressor?
A. role ambiguity B. role overload C. a positive life event D. a negative life event E. work complexity