Paying a stock dividend ________
A) decreases the retained earnings account
B) has no effect on the retained earnings account
C) increases the retained earnings account
D) reorganizes the income
B
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Which of the following inventory cost flow assumptions produces the same ending inventory values under both the periodic and perpetual systems?
A) FIFO B) LIFO C) weighted average D) dollar-value LIFO
The deferred posting rule allows banks to fix an afternoon hour of 2:00 P.M. or later as a cutoff hour for the purpose of processing checks and deposits
Indicate whether the statement is true or false
One of the features of some voice-message systems used within organizations is the ability to "broadcast" the same message to multiple individuals
Indicate whether the statement is true or false.
When a set of jobs must pass through two workstations whose sequence is fixed, ________ is the sequencing rule most commonly applied
A) critical ratio B) earliest due date C) first come, first served D) slack time remaining E) Johnson's rule