Which of the following items involving current trade accounts receivable is most likely to appear in a statement of cash flows?
a. The balance in the allowance for doubtful accounts
b. The change in net sales
c. Sales returns and allowances
d. Collection of an account previously written off
e. None of these answers is correct.
D
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The following users of accounting information have a direct financial interest in a business except
A) a creditor. B) a financial adviser. C) management. D) an investor.
Alex and Allison have been assigned the task of sending out marketing letters to all of the company’s clients. What would be the best scheduling technique to use if they want to plan out who is in charge of specific activities and their deadlines?
a. Gantt chart b. priority scheduling c. planning sheet d. PERT diagram
In an informal organization, workers may embrace a set of ________ different from those the organization expects of them.
A. sentiments B. beliefs C. attitudes D. all of these
A company rents a building with a total of 50,000 square feet, which are evenly divided between two floors. The company allocates the rent for space on the first floor at twice the rate of space on the second floor. The total monthly rent for the building is $30,000. How much of the monthly rental expense should be allocated to a department that occupies 10,000 square feet on the first floor?
A. $4,000. B. $5,000. C. $3,000. D. $2,000. E. $8,000.