To run, to see, and to go are examples of ________
A) infinitives
B) verbs
C) gerunds
D) prepositional phrases
Answer: A
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The actual margin per unit and margin per unit estimated in the plan are $6 and $8, respectively. The actual volume and the volume estimated in the plan are 5,000 units and 10,000 units, respectively. What is the margin variance of the business?
A) -$10,000 B) $10,000 C) -$20,000 D) $20,000 E) $5,000
The general ledger shows a balance of $66,400 in the Merchandise Inventory account at the end of the period. The physical inventory count shows inventory of $63,000. The adjusting entry includes a ________
A) debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,400 B) debit to Cost of Goods Sold and a credit to Cash for $3,400 C) debit to Merchandise Inventory and a credit to Cost of Goods Sold for $3,400 D) debit to Merchandise Inventory and a credit to Cash for $3,400
On January 1, 2017, Citywide Sales issued $25,000 in bonds for $29,800
These are eight-year bonds with a stated rate of 15% and pay semiannual interest. Citywide Sales uses the straight-line method to amortize the bond premium. On June 30, 2017, when Citywide makes the first payment to bondholders, what is the amount that will be reported as Interest Expense? A) $1,575 B) $1,875 C) $3,225 D) $1,225
A ______________ links buyers and sellers in different countries, but it has no manufacturing capability. It most important function is ___________ to products and moving them from the domestic country to the foreign country.
A. joint venture; adding customizations B. foreign subsidiary; taking title C. trading company; adding value D. foreign subsidiary; adding value E. trading company; taking title