Which theory below suggests that human performance is directed by conscious goals and intentions?
A. goal-setting theory
B. Alderfer’s ERG theory
C. Herzberg’s two-factor theory
D. McClelland’s acquired needs theory
A. goal-setting theory
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Which of the following is the definition of a combination journal?
a. A journal set up exclusively for service businesses; b. A journal that combines two different accounting systems; c. A journal with both special and general columns; d. A journal with financial reporting work sheets combined with the journal entry process; e. A journal for a business that combines retail and service activities
Mall intercept studies are a commonly used type of face-to-face interview
Indicate whether the statement is true or false
The following information relates to Washington, Inc
Advertising Costs $10,600 Sales Salary 10,000 Sales Revenue 500,000 President's Salary 230,000 Office Rent 60,500 Manufacturing Equipment Depreciation 1,200 Indirect Materials Used 8,000 Indirect Labor 13,000 Factory Repair and Maintenance 920 Direct Materials Used 27,500 Direct Labor 36,000 Delivery Vehicle Depreciation 1,550 Administrative Salaries 22,000 How much were Washington's product costs? A) $604,650 B) $252,000 C) $510,600 D) $86,620
Abdulla, Co. collected 6-months' rent in advance from a tenant on October 1 of the current year. When it collected the cash, it recorded the following entry:Oct. 01 Cash ……………………………………….. 15,000 Rent Revenue Earned ……………... 15,000Assuming Abdulla only prepares adjustments at year-end, prepare the required adjusting entry at December 31 of the current year.
What will be an ideal response?