The entry to record payment of a $3,000 purchase within the 2 percent discount period would include a(n)
A) decrease to Accounts Payable for $2,940.
B) increase to Purchases Discounts for $60.
C) increase to Accounts Payable for $3,000.
D) increase to Cash for $3,000.
B
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To ensure that superior value is delivered to customers, suppliers provide help in the form of _______ which includes courses, seminars, certification programs and building skills
a. training and coaching b. sales and marketing programs c. operational and technical support d. pricing support
Examples of negative feedback include consumer complaints, chronic out-of-stock situations, and declining sales
Indicate whether the statement is true or false
Which type of costing system works best with a large number of homogeneous products?
A) job-order costing B) process costing C) sequential costing D) parallel costing
Answer the following statement(s) true (T) or false (F)
1. In a meta-analysis, trait positive affect correlated well with job satisfaction. 2. A review of the research on affect and performance concluded that positive moods increase mental resources and flexibility in thinking about problems 3. A study surveyed 229 entrepreneurs and small business owners. The study found that the entrepreneurs who took good care of their employees by creating a positive emotional climate were more profitable over an 18 month time span as assessed by both company performance and growth 4. In the PERSONAL REFLECTIONS: WORK—DRUDGERY OR JOY? feature, the author describes how he grew up thinking work was drudgery and an unpleasant chore that was best avoided whenever possible.