Receipts from cash sales of $1,000 were recorded incorrectly in the journal as $10,000 . This item would be included on the bank reconciliation as a(n) ________ the balance per ________
a. addition to; bank statement
b. deduction from; depositor's records
c. addition to; depositor's records
d. deduction from; bank statement
b
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In a manufacturing organization, the budgets that are prepared after the production budget are the ______________________________, _________________________,and ____________________ budgets
Fill in the blank(s) with correct word
A holder takes an instrument for value if he or she accepts the instru¬ment in payment of a preexisting obligation
Indicate whether the statement is true or false
The underlying cause of ranking conflicts between the NPV and IRR methods is differing:
A) Initial cost. B) Reinvestment rate assumption. C) Cash flow timing. D) Profitability indices. E) Errors in calculating the discount rate.
Linear trend is calculated as Tt = 28.5 + .75t. The trend projection for period 15 is
a. 11.25 b. 28.50 c. 39.75 d. 44.25