An interfund transfer in should be reported in a governmental fund operating statement as a(an):
A. Other financing use.
B. Other financing source.
C. Revenue.
D. Due from other funds.
Answer: B
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Which ratios are the most commonly analyzed from the income statement?
A) gross profit margin B) net profit margin C) operating profit margin D) All of these ratios are commonly analyzed from the income statement.
Which of the following is an example of a supervised data mining technique?
A. click streaming B. market-basket analysis C. metadata matching D. regression analysis E. cluster analysis
On January 1, Davidson Services has the following balances
Accounts Receivable $23,000 Bad Debts Expense $0 Davidson has the following transactions during January: Credit sales of $120,000, collections of credit sales of $84,000, and write-offs of $18,000. Davidson uses the direct write-off method. The amount of Bad Debts Expense for January is ________. A) $23,000 B) $25,714 C) $12,600 D) $18,000
Russ, a salesperson in a clothing store, got into an argument with a customer. He struck and injured the customer, who required hospital treatment. Is the owner of the clothing store liable for the customer's injuries?