The post-closing trial balance differs from the adjusted trial balance in that it
A) does not take into account closing entries
B) does not take into account adjusting entries
C) does not include balance sheet accounts
D) does not include income statement accounts
D
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Lots of Locks is an upscale hair salon with eight stylists. Its budget information follows: Budgeted direct labor cost $320,000 Budgeted overhead 160,000 Budgeted labor rate per hour $20 Since all of the stylists are paid the same rate, the proprietor allocates overhead to jobs based on direct labor hours. Angela Arnold brought her wedding party to Lots of Locks for styling. It took four
designers two hours each and the supplies totaled $50 . How much overhead was applied to the Arnold job? a. $50 b. $80 c. $160 d. $500
When examining culture as shared values, the individualism/collectivism dimension describes
A. the extent to which the society is organized around individuals or the group. B. the extent to which cultures hold values that were traditionally perceived as masculine or feminine. C. the extent to which a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. D. the extent to which the less powerful members of organizations and institutions accept and expect that power is distributed unequally.
A local university reports that 10% of their students take their general education courses on a pass/fail basis. Assume that twenty students are registered for a general education course. a.What is the expected number of students who have registered on a pass/fail basis?b.What is the probability that exactly five are registered on a pass/fail basis?c.What is the probability that more than four are registered on a pass/fail basis?d.What is the probability that less than two are registered on a pass/fail basis?
What will be an ideal response?
The primary function of marketing and the entire organization, in a broader context, is to ________.
A. focus on short-term benefits B. offer highly customized products C. increase employee turnover D. eliminate barriers to market entry E. deliver value to the customer