Supplies purchased on account were incorrectly recorded as Office Equipment. The correcting entry would be
A) Supplies, debit; Office Equipment, credit.
B) Accounts Receivable, debit; Supplies, credit.
C) Office Equipment, debit; Supplies Expense, credit.
D) Supplies, debit; Accounts Payable, credit.
A
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The funeral industry was sanctioned by the Federal Trade Commission (FTC) in 1984 and 1994 for practices common in the industry. To correct these misleading practices, the FTC would issue a:
A) cease and desist order B) consent order C) corrective advertising order D) trade regulation ruling
When we need to be particularly sure about the quality of a product, we should conduct a ______.
A. process capability analysis at the start of the production run to ensure the process is working well and repeat the process capability analysis frequently B. Pareto analysis frequently to ensure that the mean is not shifting C. physical inspection of each unit produced to ensure compliance with customer requirements D. specification conformance test
Delivery of inputs to storage facilities prior to their use ______.
a. can contribute to increased potential for damage to inputs b. is an example of mura c. reduces cost of production d. can contribute to overproduction
OnSpec, Inc, and its officers, directors, and share¬holders, buy and sell securities. Section 16(b) of the Securities Exchange Act of 1934 covers purchases and sales of securities involving
a. corporate insiders. b. misappropriation. c. short-swing profits. d. tippers and tippees.