Psychological resistance and sociological resistance are ________.
A. not illogical
B. logical according to different sets of values
C. not irrational
D. all of these
Answer: D
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Fashion Company reported the following: Common stock, $3 par, 10,000 shares authorized, 5,000 shares issued and outstanding What is the effect of a 10% stock dividend if the market price of the common stock is $30 per share when the dividend is declared?
a. Retained earnings in the amount of $15,000 is transferred to the contributed capital accounts. b. Cash decreases $30,000. c. Additional Paid-in Capital decreases $30,000. d. A stock dividend has no effect on any stockholders' equity accounts.
The inventory system employing accounting records that continuously disclose the amount of inventory is called
A) retail B) periodic C) physical D) perpetual
In budgeting for cash receipts, management should take into account all but which of the following:
a. Changes in credit granting policies. b. Changes in economic conditions. c. Management should consider all of the above. d. Changes in the interest rate.
"Is this the first time you have taken from the company? Is this the first time you have created an overdraft?" are examples of what type of questions?
a. Open b. Accusatory c. Assessment d. Calibrating