Goods on consignment are
a. recorded in a consignment out account which is an inventory account.
b. included in the consignee's inventory.
c. recorded in a consignment in account which is an inventory account.
d. all of these.
A
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Which of the following is TRUE of the acid-test ratio?
A) It measures a company's ability to pay its current liabilities. B) It measures the ability of the company to earn net income. C) It measures a company's ability to meet its short-term obligations with cash and cash equivalents. D) It indicates how much cash could be realized by selling the inventory.
Punctuate the sentence correctly. Look out
A public utility that has adopted the marketing concept would be most likely to
A. set up a special service to help consumers reduce expensive peak-hours energy consumption. B. lower prices until almost all consumers felt that prices were fair. C. use email to send customers a personal apology when blackouts occur. D. advertise its "public service role" to improve its image with the public. E. None of these answers is correct.
Trangis an employee of U.S. Natural Gas Company. Under federal law, Trangand other employees have the right to? A) bargain collectively with their employerthrough their representative
B) insist that their employer require union membership to work. C) requiretheir employer to contribute financially to their union. D) refuse to bargain with their employer through their representative.