According to the Golden Personality Type Profiler, the opposite of a thinking person is one classified as

A) feeling.
B) judging.
C) perceiving.
D) intuiting.


Answer: A

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When the terms of a lease require that the lessee record an asset and a liability, the two accounts are recorded at the present value of the total lease payments required

Indicate whether the statement is true or false

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Last year, Brown Manufacturing had a contribution margin ratio of 40%. This year, fixed expenses are expected to remain at $50,000 and sales are expected to increase by $90,000. What should the contribution margin ratio be this year if the company wishes to increase net operating income by $31,500?

A) 78.75% B) 40.00% C) 35.00% D) 55.56%

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A clerk receives checks and customer receipts in the mail. He endorses the checks, fills out the deposit slip, and posts the checks to the cash receipts events data. The clerk is exercising which functions?

A. recording and executing events B. authorizing and executing events C. recording and authorizing events D. safeguarding of resources and authorizing events

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Consider the transportation problem and its initial solution in the table below. What is the improvement index for the empty cell Source 1 — Destination 3?

A) 0 B) -14 C) -23 D) -70 E) 115

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