The accountant for Noble Jewelry Repair Services, Inc. forgot to make an adjusting entry for Depreciation Expense for the current year. Which of the following is an effect of this error?
A) Revenues are understated.
B) Total assets are understated.
C) Net income is overstated.
D) Total liabilities are understated.
C
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Which is true?
A. Service desk analysts are more productive in a dimly lit work area, as the levels of stress decrease. B. A 2012 wellness study found that only 25% of responding customer service representatives work in organizations that have a formal wellness initiative in place. C. Sometimes the physical layout of a service desk might be a result of how the service desk was formed, as some may have grown from small service desks, while others may be the result of mergers. D. While well-designed service desks are important for employee morale, design doesn't really enhance the service desk's productivity or improve communication.
My-Tee Shirt Corporation orders from Celebrity Sales, Inc., goods that are stored in a Realty, Inc., warehouse. My-Tee pays for the goods, delivery is via the transfer of a negotiable warehouse receipt, and My-Tee moves the goods out of the warehouse. The risk of loss passes to My-Tee when it
A. orders the goods. B. pays for the goods. C. receives the negotiable warehouse receipt. D. moves the goods out of the warehouse.
Blue Line Eateries is a large-scale grocery store. The store offers steep discounts only on packaged corn flour and whole wheat cereals, and it sells the rest of the products at their respective maximum retail prices. The company chooses a different set of products every month and offers discounts only on that set of products. In the context of pricing strategies, it is evident that Blue Line Eateries has adopted the strategy of _____.
A. penetration pricing B. everyday-low pricing C. high/low pricing D. loss-leader pricing
The environmental challenges of packaging and labeling are often global in nature. These include all of the following EXCEPT:
A. the shortage of viable landfill sites B. growth of solid waste C. the composition of packaging materials D. recycling E. defective products