C.&F. is a pricing term that means that the price includes the cost of the goods and the costs of insurance and freight
Indicate whether the statement is true or false
FALSE
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If Department K had 2,000 units, 45% completed, in process at the beginning of the period, 12,000 units were completed during the period, and 1,200 units were 40% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories?
A) 11,580 B) 11,280 C) 13,680 D) 10,000
At the beginning of the year, the Prepaid Insurance account had a $1,200 balance which represented an insurance policy that will expire in two years. On July 1, a 3-year, $1,800 policy on a newly constructed building was purchased. The December 31 year-end, adjusting entry will be:
a. Insurance Expense, debit, $3,000; Prepaid Insurance, credit, $3,000. b. Insurance Expense, debit, $1,200; Prepaid Insurance, credit, $1,200. c. Insurance Expense, debit, $1,000; Prepaid Insurance, credit, $1,000. d. Insurance Expense, debit, $ 900; Prepaid Insurance, credit, $900. e. none of the above.
Which form of promotion is too expensive for most entrepreneurs to use?
A. Webpage B. Radio C. Print ads D. TV
According to a study with Norwegian workers, an effective team leader stands out of the way and offers no guidance or encouragement to team members
Indicate whether the statement is true or false.