Capital market securities are less liquid and have longer maturities than money market securities
Indicate whether the statement is true or false
TRUE
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When an individual entry is posted from the combination journal to a ledger, what information is entered in the "Post Ref.". column of the ledger?
a. the letters "CJ"; b. the letters "CJ" and the page number; c. the letters "CJ" and the invoice number; d. the letters "CJ" and the year; e. none of these
Direct materials cost and direct labor cost can be ________ ________ to products. Manufacturing overhead costs are ________ in cost pools and then ________ to products.
Fill in the blank(s) with the appropriate word(s).
To reduce the variability of its output and improve its productivity, a service firm might ______.
A. decrease the degree of customer interaction B. increase the degree of customization it provides C. switch to a different product D. switch to a different market
Kite Company paid $24,900 in insurance premiums during 2013 . Kite showed $3,600 in prepaid insurance on its December 31 . 2013 . balance sheet and $4,500 on December 31 . 2012 . The insurance expense on the income statement for 2013 was
a. $16,800. b. $24,000. c. $25,800. d. $33,000.