Which of the following methods are used to appoint a manager of a manager-managed LLC (limited liability company)?
A) appointed by the secretary of state
B) vote of majority of the members
C) unanimous vote of members
D) unanimous vote of shareholders
B
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____________________ preferred stock accrues unpaid dividends from year to year
Fill in the blank(s) with correct word
Using the table below, indicate the impact of the following errors made during the adjusting entry process. Use a "+" for overstatements, a "-" for understatements, and a "0" for no effect. The first one is provided as an example.?ErrorRevenuesExpensesAssetsLiabilitiesEquityEx.Did not record depreciation for this period0-+0+1.Did not record unpaid telephone bill?????2.Did not adjust unearned revenue account for revenue earned this period.?????3.Did not adjust shop supplies for supplies used this period?????4.Did not accrue employee salaries for this period?????5.Recorded rent expense owed with a debit to insurance expense and a credit to rent payable?????
What will be an ideal response?
Greenlaw Products uses job order costing and applies overhead to products using direct labor hours. Greenlaw has determined that their predetermined overhead is $4.00 per direct labor hour when an estimated 200,000 direct labor hours are incurred
During 2011 Greenlaw actually incurred a total of 215,000 direct labor hours and actual overhead costs ended up being $900,000. Greenlaw has no ending work-in-process or finished goods inventories. Required: A. What were Greenlaw's estimated total overhead costs for the year? B. By how much was overhead over- or underapplied? C. Assuming that cost of goods sold was $3,000,000 prior to the adjustment for over- or underapplied overhead, what will be the cost of goods sold amount after the year-end adjustment?
Sheera Jewelry sends birthday greeting cards to each of its customers as a token of appreciation for shopping at its store. This exemplifies the customer relationship management (CRM) trend of _____
a. loyalty b. technology c. time savings d. personalization