Which of the following entries ensures the proper separation of revenues and expenses between successive accounting periods?
a. adjusting;
b. closing; c. reversing; d. general journal; e. purchasing.
B
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Payroll uses time card data to do all of the following except
a. prepare the payroll register b. update employee payroll records c. prepare the labor distribution summary d. prepare paychecks
Which method will result in biggest savings?
a. Fraud prevention--including EAP plans. b. Fraud detection--including audit proactively, monitoring. c. Investigation--including criminal prosecution. d. Promotion--including raising rank or position.
Premium boutique hotels encourage employees to develop strong, personal relationships with guests. Such hotels offer value-added services that are not available at traditional hotels. At which level of relationship marketing are these hotels operating?
a. Level 1 b. Level 2 c. Level 3 d. Level 4
Resources that a firm owns are classified as assets.
Answer the following statement true (T) or false (F)