Which of the following business events is not a transaction?
A) Signing a contract.
B) Paying wages.
C) Receiving goods.
D) Purchasing a service.
A
You might also like to view...
Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on August 31, its Cash account shows a debit balance of $20,162. Franklin's August bank statement shows $19,837 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit$6600?Outstanding checks$5300?Bank service fees, not yet recorded by company$120?The bank collected on a note receivable, not yet recorded by the company$1095?The adjusted cash balance should be:
A. $26,437 B. $20,042 C. $21,257 D. $21,137 E. $14,537.
Refer to the data given in the table for Acme Widgets, Inc. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the lowest nonzero quantity shipped is from ______.
A. Montgomery to Visalia
B. Riverside to Visalia
C. Montgomery to Dayton
D. Bryan to Huntsville
Which of the following statements about the loss control is not correct?
A) Loss control is also known as risk control. B) Loss control can be classified into two categories, namely loss prevention and loss reduction. C) A number of activities associated with loss control simultaneously reduce both loss frequency as well as severity. D) Risk transfer is an example of loss control.
All states allow subcontractors to collect the full amount of their lien
Indicate whether the statement is true or false