Input controls include all of the following except
a. check digits
b. limit check
c. spooling check
d. missing data check
C
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Telemarketing had the highest response rate of any other direct marketing method
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1) Bad Debt Expense is not debited when a company writes off an account receivable when using the allowance method because the company has already recorded the Bad Debt Expense as an adjusting entry. 2) The entry to write off an account under the allowance method affects net income at the time of entry. 3) When using the allowance method, Allowance for Bad Debts is debited when an account receivable is written off. 4) Under the allowance method, the entry to write off a receivable increases the amount of the Allowance for Bad Debts account.
A company purchases for $24,000 an asset that has a useful life of six years and no salvage value. After two years, the company spends $4,000 for a major overhaul that will extend the machine's useful life four years beyond the original six. Assuming straight-line depreciation, how much depreciation should be taken in year 3?
a. $2,800 b. $2,500 c. $2,000 d. $4,000
According to Robert Cole, an influential author and educator, which of the following principles of leadership empower people?
A. Viewing people as an organization's most important resource B. Centralizing the decision-making process C. Building robust barriers between departments D. Encouraging leadership by intimidation operating primarily on the principles of fear