Tertiary data is collected by surveying, interviewing, or observing people
Indicate whether the statement is true or false.
Answer: False
Explanation: Primary data is collected by surveying, interviewing, or observing people.
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O'Bryan Company began the year with a balance of $18,000 in Salaries and Wages Payable and ended the year with $11,000 in the account. Salaries and Wages Expense for the period amounted to $91,000 . Under the direct method, O'Bryan will report cash payments for salaries and wages of:
a. $84,000 b. $102,000 c. $109,000 d. $98,000
Adjusting entries must be entered in the general ledger
Indicate whether the statement is true or false
Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3800 and $2000 were incurred in the months of May and November, respectively. If 600 dogs were washed in May and 200 dogs were washed in November, what was the fixed cost associated with the company's water bill? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
A) $2000 B) $3800 C) $1100 D) $1800
Which philosopher stated that a person is not complete until that person is a contributing member of society?
a. Socrates b. Aristotle c. Plato d. Napoleon