All of the following events (transactions) would be identified from standard source documents except for
a. freight charges for merchandise purchased from suppliers.
b. the amount to be paid to settle a lawsuit for discrimination in hiring employees.
c. wages to be paid to hourly employees.
d. commissions earned by sales employees.
b
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Alpha and Beta are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $50,000 . What amount of loss on realization should be allocated to Alpha?
a. $60,000 b. $20,000 c. $30,000 d. $50,000
A disadvantage of distributed data processing is
a. the increased time between job request and job completion. b. the potential for hardware and software incompatibility among users. c. the disruption caused when the mainframe goes down. d. that users are not likely to be involved.
All classes of leadership theories have the same goal of determining ______.
a. what it takes to be an effective leader b. which leadership approach increases productivity the most c. which approach is most generalizable to different organizations d. what followers are looking for in a leader
The two subcategories of quantitative methods are ______.
a. time series analysis and causal methods b. simple linear regression and multiple linear regression analysis c. exponential smoothing and seasonality techniques d. simple moving average and weighted moving average