According to the goods/services continuum, which of the following is the best example of a pure good?
A) a textbook
B) a class lecture
C) a haircut
D) a muffler repair
E) a massage
A
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A researcher developed scales using a 7-point scale with anchor descriptors of "horrible" and "good." This researcher has created an ethical violation in the area of ________
A) generalizability B) bias C) validity D) none of the above
Recording the purchase price of a paper shredder (with an estimated useful life of 1 . years) as an expense of the current period is justified by the
a. going-concern assumption. b. materiality constraint. c. matching principle. d. comparability principle.
The maximum base for the social security tax is the same as that for the Medicare tax.
Answer the following statement true (T) or false (F)
On September 1, Peterson Maintenance Company contracted to provide monthly maintenance services for the next eight months at a rate of $2,600 per month. The client paid Peterson $20,800 on September 1
Assuming Peterson records deferred revenues using the alternative treatment, what would be the entry on September 1? A) Debit Cash and credit Unearned Revenue for $20,800 B) No entry is needed until the services are performed C) Debit Cash and credit Service Revenue for $20,800 D) Debit Prepaid Maintenance and credit Cash for $20,800