_____ items are depicted in words and numbers on the face of the financial statements, with amounts included in the totals

a. Recognized
b. Realized
c. Actualized
d. Objective
e. Relevant


A

Business

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Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are collected in the second month. Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30.

A. $532,500. B. $712,500. C. $617,500. D. $561,500. E. $463,125.

Business

The goal of communication is the transmission of a message

Indicate whether the statement is true or false.

Business

Rajiv offered his team a bonus if the team completes the project 1 week ahead of time. Rajiv is using ______ as an incentive

A. piecework plan B. variable pay C. commission D. profit sharing

Business

"What are the reasons and conclusion?" is typically the final step in the legal reasoning model

Indicate whether the statement is true or false

Business