Which of the following entries would be made as the result of the revenue recognition principle?

A)
Service Expense 1,000
Service Revenue 1,000

B)
Accounts Receivable 1,000
Service Revenue 1,000

C)
Salaries Expense 1,000
Accounts Payable 1,000

D)
Depreciation Expense 1,000
Accumulated Depreciation 1,000


B

Business

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All of the following are examples of advantages of using in-home interviewing to collect research data EXCEPT:

A) it enables the interviewer to provide clarifications to the respondent, allowing for complex questions. B) it permits the use of physical stimuli and allows the interviewer to display or demonstrate the product. C) it provides very good sample control since homes can be selected without generating a list of all the homes in a given area. D) it allows for longer interviews. E) it permits easy interviewer supervision and control as the interviewers are traveling door-to-door.

Business

______ is/are a function of organizational context, group structure, group process, and group development.

a. Group composition b. Group performance c. Group roles d. Status

Business

The use of faxes has declined as ____________ became the primary tool for communication between organizations

a. carrier pigeons b. text messaging c. email d. letters

Business

As of December 31, Year 1, Mason Company had $500 cash. During Year 2, Mason earned $1,200 of cash revenue and paid $800 of cash expenses. The amount of cash shown on the balance sheet at the end of Year 2 would be:

A. $2,500. B. $900. C. $1,700. D. $400.

Business