Accounts receivable ledger and accounts payable ledger are examples of
a. controlling accounts.
b. special ledgers.
c. None of the answers listed
d. subsidiary ledgers.
d
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The Plutonium Company has a bond investment classified as held-to-maturity, which has a carrying value of $62,000 and a fair value of $24,000. The decline in value is considered as other than temporary. What entry should Plutonium make to record the decline in value?
A) Unrealized Loss on Value Decline 38,000Allowance for Change in FairValue of Investment 38,000 B) Investment in Held-to-Maturity Securities 38,000Realized Loss on Decline in Value 38,000 C) Realized Loss on Decline in Value 38,000Investment in Held-to-Maturity Securities 38,000 D) Unrealized Loss on Value Decline 38,000Investment in Held-to-Maturity Securities 38,000
While using financial statement analysis, which ratio will be most useful in assessing the company's operational efficiency?
a. Current Ratio b. Quick ratio c. Cost of goods sold percentage d. Inventory turnover
What is the goal of training salespeople?
What will be an ideal response?
You are about to design multimedia slides for a presentation to your department. What should you do first?
A) Decide whether to use PowerPoint, Prezi, SlideRocket, or some other software package. B) Analyze the situation to determine how your slides will be used and delivered. C) Anticipate your audience. D) Choose your text and color schemes.