Jason and Lucy prepared a household budget in an attempt to manage their money better. They prepared the following list: Monthly Income (after taxes) = $4,500; Monthly Expenses (Necessities), which include Rent: $550, Auto Loan: $250, Student Loan: $200, Savings: $500, Food: $200; Total Monthly Expenses = $1,700; Amount Left Over = $2,800 (income less necessary expenses). The $2,800 they had left over is their ________.
A. disposable income
B. discretionary income
C. gross income
D. profit
E. personal income
Answer: B
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Which of the following is not an internal control activity for cash?
A) Unannounced audits of cash on hand should be made occasionally. B) The number of persons who have access to cash should be limited. C) The functions of recordkeeping and keeping custody of cash should be combined. D) All cash receipts should be recorded promptly.
New media are mutually active and allow users to probe, question, and constantly find information. What are four interactive technologies beyond the Internet?
What will be an ideal response?
______ is the process of introducing new employees to the organization and their jobs.
A. Competency model B. Training C. Onboarding D. Employee development
A cost that shifts upward or downward when activity changes by a certain interval is referred to as a ____________________ cost
Fill in the blank(s) with correct word