Acme Corporation is hiring a translator. The job advertisement reads, in part, “In meetings, translate messages simultaneously into specified languages with a high degree of accuracy while dealing with difficult people who are frustrated by their lack of ability to communicate directly with others in the meeting.” This type of job advertisement would be considered a ______.
A. high-yield advertisement
B. dispatch preview
C. realistic job preview
D. precise advertisement
C. realistic job preview
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Clarion Corp invested cash in a 6-month certificate of deposit (CD) on November 1, 2016 . If Clarion Corp has an accounting period that ends on December 31, 2016, when should Clarion recognize interest revenue from the CD?
a. On December 31, 2016 only b. On May 1, 2017 only c. Both December 31, 2016 and May 31, 2017 d. On the date when its income tax return is filed
A company provided $12,000 of consulting services and was immediately paid in cash by the customer. Identify the journal entry below that properly records this transaction.
A.
| Accounts Receivable | 12,000 | |
| Consulting Services Revenue | 12,000 |
B.
| Cash | 12,000 | |
| Consulting Services Revenue | 12,000 |
C.
| Accounts Payable | 12,000 | |
| Consulting Services Revenue | 12,000 |
D.
| Accounts Receivable | 12,000 | |
| Cash | 12,000 |
E.
| Consulting Services Revenue | 12,000 | |
| Cash | 12,000 |
The Supplies Inventory account will appear as an expense on the income statement
Indicate whether the statement is true or false
Individuals who believe that negotiating abilities are fixed are labeled
A. entirety theorists. B. entity theorists. C. incremental theorists. D. None of these options is correct.