A segment of Mega, Inc, manufactures and sells blankets. The various models of blankets are produced in a single factory using stable technology. They are sold by the sales department, also located in the factory. The segment is most probably accounted for as a(n)
A) cost center.
B) revenue center.
C) profit center.
D) investment center.
E) none of these.
C
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Which of the following is an illegal sales technique?
A) atmospherics B) a party plan system C) a multilevel network D) a pyramid scheme E) off-price retailing
Explain the accounting for marketable securities
The company's top executives meet quarterly to review its performance. They focus on the results of several measures regarding efficiency, quality, customer responsiveness, and innovation compared to previously established goals. Based on these results, the leadership team decides on the next steps for addressing performance gaps. This activity reflects a
A. control system. B. management by objectives strategy. C. feedforward process. D. clan control strategy. E. bureaucratic system.
For each of the following accounts, indicate whether we use a debit or a credit to decrease the balance of the account.(a) Accounts Receivable(b) Accounts Payable(c) Salaries Expense(d) Service Revenue(e) Supplies(f) Common Stock(g) Advertising Expense(h) Dividends
What will be an ideal response?