Which of the following would be considered a capital expenditure?

a. Cost to acquire a printing press
b. Cost to lubricate a machine
c. Cost to replace some light bulbs
d. Cost to paint the factory wall


A

Business

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The auditor tests the quantity of materials charged to work in process by tracing these quantities to:

A. receiving reports. B. perpetual inventory records. C. material requisitions. D. cost ledgers.

Business

Jose Consulting paid $500 cash for utilities for the current month. Determine the general journal entry that Jose Consulting will make to record this transaction.

A.

Cash500 
Accounts Payable 500

B.
Prepaid Utilities500 
Accounts Payable 500

C.
Cash500 
Utilities Expense 500

D.
Utilities Expense500 
Cash 500

E.
Utilities Expense500 
Accounts Payable 500

Business

Current ratio is computed by dividing the ________ by the current assets

a. current liabilities b. working capital c. current stock d. long–term debt

Business

Body language is also known as:

A) Paralinguistics B) Occulesics C) Linguistics D) Kinesics

Business