A bystander who sees someone in peril must come to that person's assistance, but only if he can do so without endangering himself or others
Indicate whether the statement is true or false
F
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Which of the following statements is not true of managing and fostering productivity among virtual employees?
A. Structure tasks with clear deadlines. B. Hire employees who have experience with working independently and hitting deadlines. C. Maintain communication with virtual workers. D. Micromanagement is important as they are remote staff.
Annie's Catering received $1200 cash from a customer for catering services to be provided next month. Given the choices below, determine the general journal entry that Annie's Catering will make to record the cash receipt. Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.
A.
| Accounts Receivable | 1200? | |
| Catering Revenue | 1200? |
B.
| Cash | 1200? | |
| Catering Revenue | 1200? |
C.
| Cash | 1200? | |
| Unearned Catering Revenue | 1200? |
D.
| Unearned Catering Revenue | 1200? | |
| Catering Revenue | 1200? |
E.
| Cash | 1200? | |
| Accounts Receivable | 1200? |
Under cash basis accounting, revenue is recorded when it is earned, regardless of when cash is received
Indicate whether the statement is true or false
Which of the following is not a common fee arrangement for checking accounts?
A) Monthly fee B) Minimum balance requirement C) Variable interest rates to reflect fee activity D) Charge per check E) Balance-dependent scaled fees