A disclosed principal is a principal whose identity is:
a. known to the agent
b. unknown to the agent
c. unknown to third parties to contracts entered into with the agent d. known to partners
e. none of the other choices
e
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In an affective culture (Trompenaars), emotions are seen as
A. private, and therefore, not displayed. B. responses to be freely displayed. C. appropriate to share with family members only. D. a weakness, and therefore hidden.
A system of inventory production where goods are produced in anticipation of customer orders is referred to as a _________________________
Fill in the blank(s) with correct word
Christy purchases supplies worth $1,000 from a local vendor. The supplies are delivered on March 29, 2019. The supplies are fully used up by year end. Because of unusual circumstances, a bill for the supplies arrives from the vendor on January 10, 2020 and is promptly paid. When can Christy deduct the expenses? I.In 2019, if she is an accrual basis taxpayerII.In 2020, if she is a cash basis taxpayer?
A. Only statement I is correct. B. Only statement II is correct. C. Both statements are correct. D. Neither statement is correct.
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 2 during the period for direct materials is: A) Work in Process--Department 2 100,000Materials 100,000 B) Work in Process--Department 2 50,000Materials 50,000 C) Work in Process--Department 2 150,000Materials 150,000 D) Materials 50,000Work in Process--Department 2 50,000