Adjusting journal entries are made
A) at the beginning of the accounting period
B) at the end of the accounting period
C) when revenue is realized (or realizable) D) anytime we need to adjust an account
B
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______ social cognition happens spontaneously with little or no conscious thought.
A. intercultural B. mental C. Type 2 D. Type 1
The philosophy of law can also be referred to as:
A) due process. B) equal protection. C) Magna Carta. D) jurisprudence.
Given the following information, determine the cost of goods manufactured
Direct Labor Incurred $62,000 Manufacturing Overhead Incurred 177,000 Direct Materials Used 151,000 Finished Goods Inventory, Jan. 1 197,000 Finished Goods Inventory, Dec. 31 99,000 Work-in-Process Inventory, Jan. 1 221,000 Work-in-Process Inventory, Dec. 31 108,000 A) $390,000 B) $503,000 C) $282,000 D) $188,000
Tony is facing a financial crisis in his business. Instead of applying for a loan from a commercial bank, he takes a loan from the cooperative that he partly owns with some of his friends. This cooperative acts as a depository institution where all the members deposit their savings on a higher interest rate than that offered by commercial banks. Being a member of this cooperative, he gets the advantage of being charged lower interest rate on his loan. Based on the information given in the scenario, the cooperative owned by Tony and his friends exemplifies a(n) _____.
A. investment bank B. savings and loan association C. private equity firm D. credit union