A review of a company's Work-in-Process Inventory account found a debit for materials of $67,000. If all procedures were performed in the correct manner, this means that the firm:
A. was accounting for the usage of indirect materials.
B. also recorded a credit to Raw-Material Inventory and was accounting for the usage of direct materials.
C. was accounting for the usage of direct materials.
D. also recorded a credit to Raw-Material Inventory.
E. also recorded a credit to Manufacturing Supplies Inventory.
Answer: B
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In the customer benefit approach, the salesperson offers a gift or sample to the prospect.
Answer the following statement true (T) or false (F)
Which of the following is/are not true?
a. Firms may issue capital stock (preferred or common) for cash or for noncash assets. b. Firms usually issue shares for cash at the time of their initial incorporation and at periodic intervals as they need additional shareholder funds. c. Firms sometimes issue shares to employees as compensation. d. The issue price for preferred stock usually approximates its par value. e. none of the above
Which of these statements is best?
A) An unbounded problem is also infeasible. B) An infeasible problem is also unbounded. C) An unbounded problem has feasible solutions. D) An infeasible problem has unbounded solutions.
Projecting your expectations of others onto what you hear is called?
a. Filtering b. Semantics c. Defensiveness d. Stereotyping