Consistency means that a company uses the same accounting principles and methods as the other companies in the same industry.
a. true
b. false
Answer: b. false
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The human resource department plays a vital role in preparing effective internal public relations messages
Indicate whether the statement is true or false
A company has the following accounts receivable payment history Paid in the month of sale 10% Paid in the month following sale 30% Paid in the second month following sale 40% Paid in the third month following sale 10% Which of the following actions might increase the cash receipts over the coming year?
A) Allow customers longer to pay their accounts receivable balances. B) Turn uncollectible accounts over to a collection agency with a proven history of success. C) Give a cash discount to customers who already pay in the month of sale. D) All of these. E) None of these.
According to Abraham Maslow's hierarchy of needs, identity theft, health and fitness, and environmentally friendly commercials appeal to security and safety needs.?
Indicate whether the statement is true or false
Fashion Jewelers uses the perpetual inventory system. On April 2, Fashion sold goods with a cost of $5,000 for $10,000 with terms of 4/15, n/30. On April 4, the customer reported damaged goods and Fashion granted a $2,000 sales allowance
On April 10, Fashion received the payment for the sale. Give the journal entry that will be recorded on April 10 by Fashion. A) Cash 7,680 Sales Discount 320 Accounts Receivable 8,000 B) Cash 8,000 Accounts Receivable 8,000 C) Accounts Receivable 8,000 Sales 8,000 D) Cash 8,000 Sales Discount 320 Accounts Receivable 7,680