Herndon Brothers Inc produces a variety of "all natural" household cleaning supplies that it manufactures and distributes to various grocery stores along the west coast. Which of the following types of costs would most likely be a batch-level cost?
A) A package product design cost for a new product line
B) A machine setup cost
C) Depreciation on the factory building
D) Energy costs for factory machinery
B
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Which of the following should be presented in a statement of cash flows? Stock Dividends Stock Splits I. Yes Yes II. Yes No III. No Yes IV. No No ?
A) I B) II C) III D) IV
The time perspective for individualists is the ________.
A. present B. near future C. future D. past
In which of the following ways does sexual harassment differ from sexual orientation discrimination?
a. There is no legal recourse for those suffering from sexual harassment. b. Sexual harassment may occur between same-level employees. c. There is no official federal protection against sexual harassment. d. Sexual harassment happens equally against men and women.
Use this information to answer the following question. The transactions below pertain to Dunhill Company, whose fiscal year ends April 30. April 10 Received cash for a 90-day, 12 percent, $50,000 note payable. Interest is in addition to the face value. 30 Made end-of-year adjusting entry to accrue interest expense. The entry to record the April 10 transaction (amounts rounded) is:
A) Cash 1,480 Notes Payable 1,480 B) Cash 48,520 Accounts Receivable 48,520 C) Cash 48,520 Notes Payable 48,520 D) Cash 50,000 Notes Payable 50,000