A department may gather operating expense data by maintaining
A. direct expenses.
B. indirect expenses.
C. amounts allocated to each department.
D. total operating expenses for each department.
Answer: D
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Digistore, Inc, had 400,000 shares of $20 par common stock and 40,000 shares of $100 par, 6% cumulative, convertible preferred stock outstanding for the entire year ended December 31 . 2014 . Each share of the preferred stock is convertible into 5 shares of common stock. Digistore's net income for 2014 was $1,680,000 . For the year ended December 31 . 2014, the diluted earnings per share is
a. $2.40. b. $2.80. c. $3.60. d. $4.20.
Teaching, waiting tables, and cutting hair belong in which category?
A. Production B. Services C. Goods D. Productivity
Which of the following is not one of the nine features of an internal control system?
A. Establishment of clear lines of authority B. Customer service comment cards C. Having employees covered by a fidelity bond D. Requiring regular vacations for certain employees
The Constitution expressly excludes state regulation of commerce.
Answer the following statement true (T) or false (F)