All projects with a profitability index of less than 1 should be accepted.
Answer the following statement true (T) or false (F)
False
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The journal entry to record undamaged direct materials returned to the storeroom would be:
a. Debit - Materials Credit - Finished Goods b. Debit - Factory Overhead Credit - Work in Process c. Debit - Materials Credit - Factory Overhead d. Debit - Materials Credit - Work in Process
Under the perpetual inventory system, the return of goods from a customer would increase Cost of Goods Sold and decrease Merchandise Inventory
Indicate whether the statement is true or false
______________________________ evaluates instructions by asking subjects to complete a questionnaire or answer questions about a task after they have performed the task
Fill in the blank(s) with correct word
Maia wrote a check which said, "Pay to the order of Kevin Mathews $10.97.". The next line of the check stated, "One thousand ninety-seven Dollars.". In applying the rules of interpretation, how much should the drawee pay?
a. Nothing; when the instrument is ambiguous it is declared non-negotiable. b. Ten dollars and 97 cents. Numbers control over words. c. One thousand, ninety-seven dollars or $1,097.00 . Words control over numbers. d. Parol evidence would be needed to determine the purpose of the check.