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Assume that Plainview Services had $4,500 of salaries accrue for the time between the last payday and the end of the year. The adjusting entry for the accrued salaries would include a

a. debit to Salaries Payable. b. credit to Salary Expense. c. debit to Salary Expense. d. credit to Cash.

Business

In Adam Smith's trade theory, ______ is the only factor of production and is of one quality (homogeneous).

a. land b. labor c. capital d. entrepreneurship

Business

The correct order of the six elements of the fraud fighting model is:

a. Tone at the Top; Education and Training; Proactive Detection; Integrity Risk and Controls; Reporting and Monitoring; Investigation and Follow-up. b. Tone at the Top; Education and Training; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up. c. Education and Training; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up; Tone at the Top. d. Education and Training; Tone at the Top; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up.

Business

The LIFO method tends to create peaks and valleys in the business cycle

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Business