Every transaction affects equal numbers of ledger accounts and is recorded by equal dollar amounts of debits and credits
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is a defense to trespass to personal property?
A. Truth B. Probable cause C. Privilege D. Necessity
Crimson Inc. is conducting their annual performance review process for employees. The company uses a tool that measures entrepreneurial behavior and found there was a lot of irrelevant information that was also gathered. The irrelevant information gathered from the results is termed _____.
a. contamination b. deficiency c. reliability d. validity e. specificity
Which of the following is NOT a technique used by logistics companies to reduce their carbon footprint?
a. using dynamic vehicle planning and routing software systems b. using up-to-date traffic data to calculate the most efficient delivery routes c. exchanging shipments during trips d. using less automation
Carlton Corporation is composed of five divisions. Each division is allocated a share of Carlton's overhead to make divisional managers aware of the cost of running the corporate headquarters. The following information relates to the Metro Division: Sales revenue$7,500,000 Variable operating costs 5,100,000 Traceable fixed operating costs 1,900,000 Allocated corporate overhead 300,000 If the Metro Division is closed, 100% of the traceable fixed operating costs can be eliminated. What will be the impact on Carlton's overall profitability if the Metro Division is closed?
A. Decrease by $2,100,000. B. Decrease by $2,400,000. C. Decrease by $200,000. D. Decrease by $500,000. E. None of the answers is correct.