Used in conjunction with a perpetual inventory process, ______________________________ assists in protecting materials, work-in-process, and finished goods inventory by providing the warehouse manager or the inventory control supervisor with a record of the actual (on-hand) balance of each item of inventory

Fill in the blank(s) with correct word


periodic physical inventory counts

Business

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All main points should be developed with the same amount of information to keep them balanced

Indicate whether this statement is true or false.

Business

The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:      Retained earnings balance at the beginning of the year$127,000?Cash dividends declared for the year 47,000?Proceeds from the sale of equipment 82,000?Gain on the sale of equipment 7200?Cash dividends payable at the beginning of the year 19,000?Cash dividends payable at the end of the year 21,200?Net income for the year 93,000?The amount of cash dividends paid during the year would be:

A. $278,000. B. $44,800. C. $176,000. D. $250,000. E. $255,800.

Business

Bonds that are unsecured and simply backed by the good name of the issuing company are known as:

a. indentures b. debentures c. junk bonds d. serial bonds e. sinking funds

Business

Augmented reality is the viewing of the physical world with computer-generated layers of information added to it.

Answer the following statement true (T) or false (F)

Business