Stock dividends reduce the par value of the stock
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is NOT one of the advantages of inside selling?
A) Inside selling is less expensive than in-person selling. B) Inside salespeople spend more time checking inventory. C) Inside salespeople spend more time following up orders. D) Inside salespeople spend more time phoning smaller accounts. E) All of the above are advantages.
Which one of the following methods is NOT a banking service that can be delivered
remotely? a. Visit a wealthy customer's home b. Internet. c. Mobile phone. d. Call centers. e. ATM
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 1 during the period for direct labor is: A) Work in Process--Department 1 60,000Wages Payable 60,000 B) Wages Payable 125,000Work in Process--Department 1 125,000 C) Work in Process--Department 1 125,000Wages Payable 125,000 D) Wages Payable 60,000Work in Process--Department 1 60,000
Long-term liability balances for the budgeted balance sheet are obtained from:
A. The cash budget and budgeted income statement. B. The asset budget and debt budget. C. The cash budget and capital expenditures budget. D. The cash budget and sales budget. E. The sales budget and production budget.