Which of the following products can be differentiated by quality installation?
A) books B) biscuits
C) terracotta pots D) home theatre systems
D
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For most companies, which of the following is the least critical application for disaster recovery purposes?
a. month-end adjustments b. accounts receivable c. accounts payable d. order entry/billing
How do firms account for intangibles other than goodwill?
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$365,000?debitAllowance for uncollectible accounts 600?debitNet Sales 810,000?credit All sales are made on credit. Based on past experience, the company estimates that 0.4% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared?
A. $2060 B. $3840 C. $2640 D. $3240 E. $860
If the government can prove beyond a reasonable doubt that 1) the accused committed the illegal act, and 2) that there was necessary intent or state of mind to commit the act then:
a. the accused will be convicted of the crime b. the accused might be convicted of the crime c. the plaintiff will lose the case d. the case may go to trial e. the accused will not get a lawyer