Each of the following columns would appear in a cash payments journal except:
a. accounts payable debit.
b. purchase discount credit.
c. cash credit.
d. purchases credit.
d
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Answer the following statements true (T) or false (F)
Minimizing reported income would not be a motive guiding the selection of accounting methods.
Lean manufacturing and just-in-time (JIT) systems are both concerned with reduction of inventory levels
Indicate whether the statement is true or false
Aaron intimidated coworkers on his shift by showing a knife clipped to his waistband and threatened to use the knife on anyone who told on him. Aaron’s behavior is known as ________________.
A. gross negligence B. serious misconduct C. dismissive actions D. aggravated assault E. dismissive misconduct
If two variables were perfectly correlated, what would the coefficient of correlation r equal?
A) 0 B) -1 C) 1 D) B or C E) none of the above