Imagine you were visiting family in Kansas when a tornado touched down, causing devastating damage. When you got home, you wrote an article for the college paper based on your experiences. Which type of source would you be?

a. field source
b. tertiary source
c. secondary source
d. primary source


d. primary source

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On February 1, Year 1, Centra issues $100,000 semi-annual 12% bonds at par plus accrued interest. The interest is payable on July 1 and January 1 of each year. What entry is necessary to record the issuance of the bonds on February 1?

a. Cash 100,000 Bonds Payable 100,000 b. Cash 101,000 Bonds Payable 101,000 c. Cash 100,000 Interest Payable 1,000 Bonds Payable 101,000 d. Cash 101,000 Bonds Payable 100,000 Interest Payable 1,000 e. none of the above

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The same job evaluation plan that has been developed using benchmark jobs must be applied to non-benchmark jobs.

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

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The phrase Just Do It is a brand mark for Nike.

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

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Cash equivalents are short-term highly liquid investment assets that are readily converted to a known cash amount, and are close enough to their due date so that their market value will not greatly change.

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

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