When posting entries from a purchases journal to the general ledger, ________.

A) posting references are not shown in the subsidiary ledger
B) the Accounts Payable balance in the general ledger will be less than the sum of the individual vendor balances in the subsidiary ledger
C) the amounts in the Other Accounts DR column are posted individually to the specific accounts
D) entries are posted on a daily basis for all the accounts


C) the amounts in the Other Accounts DR column are posted individually to the specific accounts

Business

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Corporate image marketing consists of activities undertaken to create, maintain, or change attitudes or behavior toward particular people

Indicate whether the statement is true or false

Business

Strategic planning may not make sense for an organization that ______.

A. is performing well B. is in a state of crisis C. has fewer than 50 employees D. has been in existence for a long period of time

Business

Leaders must learn how to handle difficult, in-person dialogue instead of relying on impersonal email.

a. True b. False

Business

Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$ 940Direct labor cost$ 2,240The total job cost for Job X455 is closest to:

A. $3,972 B. $3,032 C. $1,732 D. $3,180

Business