Is the the process by which a receiver converts into an idea(s) the communication symbols from a sender
a. Decoding
b. Encoding
c. Scrambling
d. Deciphering
a
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MacKenzie Company sold $340 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 2.5% service charge for sales on its credit cards and credits MacKenzie's account immediately when sales are made. The journal entry to record this sale transaction would be:
A. Debit Cash $331.50 and credit Sales $331.50. B. Debit Accounts Receivable $340 and credit Sales $340. C. Debit Cash of $340 and credit Sales $340. D. Debit Cash $331.50; debit Credit Card Expense $8.50 and credit Sales $340. E. Debit Cash of $340 and credit Accounts Receivable $340.
________ refers to purchasing through electronic connections between buyers and sellers—usually online
A) E-procurement B) General need specification C) Strategic sourcing D) Proposal solicitation E) Value chain management
Which of the following would not lend itself to applying direct labor variances?
A) Help desk B) Administrative assistant C) Customer service personnel D) Telemarketer
Which of the following is not true about the UCC?
A) The UCC is a federal statute passed by Congress in 1953 that covers most aspects of commercial transactions. B) The UCC is continually being revised to reflect changes in modern commercial practices and technology. C) The UCC is divided into articles, with each article establishing uniform rules for a particular facet of commerce in the United States. D) The UCC is a model act that contains uniform rules that govern commercial transactions.