The voters of the city passed an ordinance to increase their sales tax by 1/4 percent. The proceeds of the sales tax are to be used for culture and recreation. In the governmental activities journal, how would the 1/4 percent sales tax revenue be recorded?
A. Program Revenue-Culture and Recreation-Sales Tax.
B. General Revenue-Sales Tax.
C. General Revenue-Culture and Recreation-Sales Tax.
D. Program Revenue-Culture and Recreation-Operating Grants and Contributions.
Answer: B
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Nonverbal communication does not include
a. chromatics. b. chronemics. c. haptics. d. semantics.
Oregon Adventures purchased equipment for $80,000. They sold the equipment at the end of three years for $45,000. If the expected useful life of the equipment was seven years with a residual value of $10,000, and they use straight-line depreciation, which of the following is true regarding the entry to record the sale of the equipment?
A. Debit Loss $5,000. B. Credit Gain $5,000. C. Credit Equipment $5,000. D. Credit Accumulated Depreciation $40,000.
If the master budget prepared at a volume level of 10,000 units includes direct materials of $40,000, a flexible budget based on a volume of 12,000 units would include direct materials of $48,000.
Answer the following statement true (T) or false (F)
Akiro and his colleagues are working on a large construction project. The environmental, architectural, and marketing specialists are located in three different geographic locations. Team members do not have time to fly to a central location every time a meeting is needed, yet they need to be able to have a high level of interaction and want to see each other's nonverbal communication. Which of the following types of virtual meetings would you suggest to this team?
A. listserve B. videoconference C. teleconference D. chat room