The credit portion of an adjusting entry to enter the estimate for uncollectible accounts can be made directly to a specific receivable account
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is true of an indirect channel system?
A) The business retains ownership of the products until delivered to customers. B) The cost of indirect customer sales contact is high and increasing. C) An indirect marketing channel system includes telemarketing and digital marketing. D) An indirect marketing channel system is particularly important for specialized and technological products. E) An indirect marketing channel system involves an intermediary that takes over ownership and sales.
The _____ method divides the acquisition cost of an asset (including the cost to dismantle and retire) less its estimated salvage value by the estimated service life to calculate depreciation or amortization
a. straight-line b. sum-of-the-years'-digits c. double declining balance method d. accelerated depreciation e. decelerated depreciation
Owen is part of company that does not socialize. He would probably rather not see his coworkers outside of the office. He thinks that an unfriendly working environment was created because performance is measured on productivity alone, Owen doesn’t think it is very fun working for a company where making money is the top priority. Owen works in a/an_____________ organizational culture.
a. Mercenary b. Networked c. Communal d. Fragmented
Which of the following words best describes advertising?
A. free B. unsponsored C. spontaneous D. unemotional E. persuasive