Which of the following is an internal event (transaction)?

a. Life guard salaries are paid by a swim club.
b. Dividends are distributed to shareholders.
c. Eggs used to make omelets in a restaurant are purchased.
d. Potato chips are transferred from the production line to the packaging area.


d

Business

You might also like to view...

Social, ethical, and environmental responsibilities are increasingly being integrated into the:

A) strategic management process B) recruiting process C) governance process D) sustainability process E) regulatory process

Business

Which of the following tends to be the most common method for understating cost of goods sold?

a. Understating purchases b. Overstating purchase returns c. Overstating inventory d. Overstating purchase discounts

Business

Assuming there is a conflict between the attorney rules of ethics in a paralegal’s jurisdiction and the ethics rules for the paralegal association to which that paralegal belongs, which rule should be followed? Why?

What will be an ideal response?What will be an ideal response?

Business

Time value of money calculations, such as present and future value amounts, can be applied to many day-to-day decisions

Indicate whether the statement is true or false.

Business