In the space below, state whether each situation is a deferral or an accrual. ______a. Depreciation on machinery is $7,200 for the accounting period. ______b. Interest that has been incurred on a loan but that has not yet been paid or recorded is $675. ______c. Office supplies of $965 were on hand at the beginning of the period. Purchases of office supplies during the period totaled $640. At the
end of the period, $120 in office supplies remained. ______d. Commissions amounting to $975 were earned but not yet collected by year end. ______e. Prepaid Rent had a $2,500 balance prior to adjustment. By year end, 50 percent had expired.
Fill in the blank(s) with correct word
a. Deferral
b. Accrual
c. Deferral
d. Accrual
e. Deferral
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This class of cloud computing enables client firms to develop and deploy onto the cloud infrastructure consumer-generated applications using facilities provided by the vendor
a. Computing-as-a-Service b. Infrastructure-as-a-Service c. Platform-as-a-Service d. Software-as-a-Service
A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the supplier are $9 per square foot, net of purchase discount. Freight-in amounts to $0.40 per square foot. Basic wages of the assembly line personnel are $14 per hour. Payroll taxes are approximately 21% of wages. Benefits amount to $2 per hour. How much is the direct materials cost standard per square foot?
A) $9.40 B) $9.00 C) $16.00 D) $25.00
The contingency theory of high-technology marketing specifically states that:
a. matching the appropriate marketing tool to the specific type of innovation will enhance the odds of success in the market. b. network externalities are contingent upon the presence of unit one costs. c. breakthrough innovations are contingent upon customer understanding of how to use the new innovation. d. supply chains are critical for both incremental and breakthrough innovations. e. established firms are less likely to be innovative than newer firms.
What are some of the remedies available for infringement under the Lanham Act?
A) Injunction B) The impoundment and destruction of infringing articles C) Up to three times actual damages D) All of these.