Copyright protection is automatic-registration is not required
Indicate whether the statement is true or false
True
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The normal balance of the Dividends account is a credit
a. True b. False Indicate whether the statement is true or false
Regarding specialty products, which of the following is true?
A. Branding does not play an important role in purchasing specialty products. B. Shopping for a specialty product involves much comparing of products. C. It is the extent of searching the customer must do that makes it a specialty product. D. It is a customer's willingness to search for it that makes it a specialty product. E. All these answers are correct.
An employer who refuses to hire females having preschool-aged children but who does hire males with preschool-aged children:
a. violates Title VII and the Equal Pay Act. b. can demonstrate that being of a particular gender is a bona fide occupational qualification (BFOQ) for that job. c. is guilty of an unlawful employment practice under Title VII termed "gender-plus" discrimination. d. is guilty of an unlawful practice under Lilly Ledbetter Act.
ABC Corporation began operations on January 1st of this year with a cash balance of $250,000. ABC
had sales of $200,000 for the month of January, all on credit. ABC allows its customers 30 days to pay. ABC's expenses for January equal $150,000, and ABC's ending balance in accounts payable at January 31st is $50,000. In its cash budget for January, ABC's ending cash balance should be equal to A) $200,000. B) $150,000. C) $300,000 because of GAAP accrual accounting rules. D) $100,000.