Indicate whether the following error would cause the adjusted trial balance totals to be unequal. If the error would cause the adjusted trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much. The adjustment for accrued fees of $1,170 was journalized as a debit to Accounts Receivable for $1,170 and a credit to Fees Earned for $1,107
The total will be unequal with a debit total higher by $63 ($1,170 ? $1,107).
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The source for crowdsourcing is most often
A. executive advisory councils. B. the Internet and social media. C. boards of directors. D. professional associations. E. competitors.
Barkley Inc's record keeping system incorporates the appropriate classification codes into the initial recording of transactions in the Cash account and then prepares the statement of cash flows. One can prepare the statement of cash flows by examining every transaction affecting the cash account, and classifying each as
a. a cash receipts, cash disbursements, or financing activity. b. an operating, investing, or financing activity. c. a cash receipts, cash disbursements, or investing activity. d. a cash receipts, cash disbursements, or operating activity. e. a cash receipts, cash disbursements, or exchange activity.
Excessive use of chargebacks by a retailer illustrates _____
a. scrambled merchandising b. channel power c. the retail life cycle d. channel cooperation
The Aston researchers identified five variables drawn from Max Weber’s initial list of fifteen: __________ refers to the extent to which the organization ensures that decision-making is referred to the apex of the organization, or distributed across lower levels.
a. Specialization b. Formalization c. Configuration d. Centralization