Financial statement forecasts rely on additivity within financial statements and articulation across financial statements. Given this information sales growth forecasts will most likely affect growth in
a. accounts receivables.
b. accounts payable.
c. depreciation.
d. salary payable.
A
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A ________ is a quasi-test market in which respondents are pre-selected, then interviewed and observed on their purchases and attitudes toward the product
A) Simulated test market B) Partial test market C) Controlled test market D) Standard test market
The straight-line depreciation method recognizes depreciation in equal amounts over each year of the life of the asset. Therefore, the straight-line depreciation method is a conservative depreciation method
Indicate whether the statement is true or false
Tomas and Saturn are partners who share income in the ratio of 3:1. Their capital balances are $40,000 and $60,000 respectively. Income Summary has a credit balance of $20,000. What is Saturn's capital balance after closing Income Summary to Capital?
A) $55,000 B) $75,000 C) $45,000 D) $65,000
Marc was one of Stephanie's lower-quartile performers, mainly due to punctuality. In Marc's annual performance review, he submitted his draft goals for the upcoming years. One of his goals was to "Improve my punctuality." Stephanie responded, "No, Marc. That goal is not acceptable. Your goal needs to be more ________ so that you and I can monitor and measure whether or not you are attaining your goal."
A. specific and quantifiable B. general C. time bound D. subjective E. emotional