A channel is the method through which people communicate messages.
Answer the following statement true (T) or false (F)
True
The channel is the method chosen to transmit a message. Examples of channels include face-to-face, telephone, e-mail, chats, Twitter, written correspondence, and facsimile (FAX).
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Equipment acquisitions that are misclassified as maintenance expenses most likely would be detected by a control activity that provides for:
A. investigation of variances within a formal budgeting system. B. independent verification of invoices for disbursements recorded as equipment acquisitions. C. authorization by the board of directors of significant equipment acquisitions. D. segregation of duties of employees in the accounts payable department.
) On January 1, 2018, Wonderland Sales issued $30,000 in bonds for $22,300. These are eight-year bonds with a stated interest rate of 12% and pay semiannual interest. Wonderland Sales uses the straight-line method to amortize the bond discount. What is the bond carrying amount after the first interest payment on June 30, 2018? (Round your intermediate answers to the nearest dollar.)
A) $30,000 B) $18,931 C) $22,781 D) $26,631
[The following information applies to the questions displayed below.] Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $64,000 under terms of 2/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $2,400 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $94,000 cash and delivered under terms FOB destination with freight cost amounting to $1,600. What is the amount of gross margin that results from these transactions?
A. $28,880 B. $27,280 C. $31,280 D. $29,680
One obvious advantage of stratified sampling is that we obtain separate estimates within each stratum – which we would not obtain if we took a simple random sample from the entire population. A more important advantage is that we can increase the accuracy of the resulting population estimates by using appropriately defined strata
a. True b. False Indicate whether the statement is true or false