Two adjustments are made to the merchandise inventory account on the work sheet.

Answer the following statement true (T) or false (F)


True

Business

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Like sales revenue, cost of goods sold represents an inflow of assets

a. True b. False Indicate whether the statement is true or false

Business

In a cash receipts journal, ________.

A) cash sales are recorded in the Accounts Receivable CR column and the Cash DR column B) collections on account are recorded in the Accounts Receivable DR column and the Cash DR column C) the miscellaneous cash receipt transactions are ignored D) the cash sales are recorded in the Sales Revenue CR column

Business

The HR department calculates the _______________ when determining the time that it took for them to fill a position.

A. yield ratio B. time to hire C. cost per hire D. return on Investment E. new hire ratio

Business

The U.S. Export-Import Bank (Ex-Im Bank) offers all of the following except

A. guarantees. B. intermediary loans. C. export credit insurance. D. direct investments. E. working capital guarantee.

Business