A company factored $30,000 of its accounts receivable and was charged a 2% factoring fee. The journal entry to record this transaction would include a debit to Cash of $30,000, a debit to Factoring Fee Expense of $600, and credit to Accounts Receivable of $30,600.
Answer the following statement true (T) or false (F)
False
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Sally wants to use a personality measure to assess the potential health consequences in her work group. Which measure has the most empirical support in this regard?
A. Myers–Briggs type indicator B. Type ABCD theory C. Big 5 D. Psychological capital
You just finished meeting with your boss and he is very upset about the most recent customer survey results for the firm. A majority of the respondents complained about the limited number of product lines your firm offers. Which of following recommendations should you make to your boss?
A. The firm needs to lengthen its product life cycle. B. The firm needs to expand the width of its product mix. C. The firm needs to shorten its product life cycle. D. The firm needs to expand the depth of its product mix. E. The firm needs to expand the length of its product mix.
The finished goods of one firm may actually be the raw materials for another firm
Indicate whether the statement is true or false
Space parity checking can detect
a. any time a mark changes to a space in a byte b. any time a space changes to a mark in a byte c. any time the parity bit changes from a space to a mark d. any time the parity bit changes from a mark to a space