What is a use of a firm's labor trend reports? (Select all that apply.)
A) It allows managers to determine the effect of employee labor on departmental profits.
B) It allows managers to predict future labor costs.
C) It is a report designed for external stakeholders.
D) It highlights issues and results of seasonal labor.
A) It allows managers to determine the effect of employee labor on departmental profits.
B) It allows managers to predict future labor costs.
D) It highlights issues and results of seasonal labor.
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The following information relates to the Fowler Company for 2016: Sales discounts $ 700 Beginning accounts receivable 5,000 Collections on accounts receivable 20,000 Total sales reported on income statement 82,500 Ending accounts receivable 7,000 ? What was the amount of cash sales?
A) $61,200 B) $59,800 C) $63,800 D) $65,200
The end-of-period work sheet is used to facilitate
a. making needed adjustments in the accounts; b. correcting errors; c. closing the financial statements; d. entering transactions; e. all of these.
Which of the following is/are not true?
a. All corporations must issue common stock. b. Common shareholders have a claim on the assets of a firm after creditors and preferred shareholders have received amounts promised to them. c. Frequently, corporations grant voting rights only to common shares, giving their holders the right to elect members of the board of directors and to decide certain broad corporate policies (spelled out in the stock contract). d. Some firms issue more than one class of common shares, with each class granted different voting rights. e. none of the above
In the conclusion portion of the outline for his informative presentation, Khasim prepares a restatement of his thesis and a creative ending. Which primary component of an informative presentation’s conclusion does Khasim still need to prepare?
a. a call to action b. proof of his credibility as a speaker c. a restatement of his main points d. a demonstration of the topic’s importance