On the income statement, Freight-In is:
a. deducted from net sales.
b. added to net sales.
c. deducted from net purchases.
d. added to net purchases.
d
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When asking yourself what you are best at, what you enjoy doing the most, and what motivates you, what activity are you engaging in?
a. self-exploration b. self-determination c. career exploration d. priority exploration
How are purchase discounts and purchase returns recorded by a company using the periodic inventory system?
a. As a direct reduction to the Purchases account b. In contra accounts to the Purchases account c. As operating expenses d. As miscellaneous expenses
A culture that has neither strong norms about what the “right” behavior to show is nor strong means of sanctioning the wrong behavior is said to be _____.
a. socially corrupt b. socially ignorant c. culturally tight d. culturally loose
“Making sure that the needed supplies, equipment, and facilities are available” is which of the following management functions?
a. Guidance b. Managing materials c. Supervision d. Monitoring