Which of the following best describes the purpose of the payroll register?
A) It is a list of all persons and companies that the company pays money during a period.
B) It is a report that becomes published with other financial reports.
C) It is a worksheet that accountants use to ensure payroll accuracy.
D) It is an individual register maintained for each employee, listing of all the payroll information.
C) It is a worksheet that accountants use to ensure payroll accuracy.
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Why do students need to study information technology?
A. Information technology is frequently used in organizations. B. Information technology is frequently discussed in business. C. Information technology is everywhere in business. D. All of these.
Which of the following methods of accounting for a business combination is based on the premise that no substantive transaction occurs between the companies involved?
a. Pooling of interests b. The purchase method c. The new entity approach d. Proportionate consolidation
Under the law of the European Union, a country may only bring an antidumping action against a non-EU member country
Indicate whether the statement is true or false
You would like to use the fixed-time period inventory model to compute the desired order quantity for a company. You know that vendor lead time is 10 days and the number of days between reviews is 15. Which of the following is the standard deviation of demand over the review and lead time period if the standard deviation of daily demand is 10?
A. 40 B. 73 C. 100 D. 25 E. 50