The success of a firm's blogs for promoting expertise is enhanced when the message is clear and publication is regular
Indicate whether the statement is true or false
TRUE
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Long, Inc uses the accrual basis of accounting. Long's rent expense account had a balance of $18,000 at the end of the year. The prepaid rent account had a balance of $5,000 at the beginning of the year and a balance of $9,000 at the end of the year. How much cash was paid for rent during the year?
A) $ 5,000 B) $9,000 C) $18,000 D) $22,000
Which of the following audit procedures is best for identifying unrecorded trade accounts payable?
A. Examining unusual relationships between monthly accounts payable balances and recorded cash payments. B. Investigating payables recorded just prior to and just subsequent to the balance sheet date to determine whether they are supported by receiving reports. C. Reviewing cash disbursements recorded subsequent to the balance sheet date to determine whether the related payable applies to the prior period. D. Reconciling vendors' statements to the file of receiving reports to identify items received just prior to the balance sheet date.
With regard to the social-business letter format, which of the following statements is NOT true?
A. The inside address is placed last, at the bottom left of the page. B. The salutation ends with a comma rather than a colon. C. The baronial letterhead cannot be used. D. Reference initials and copy notations are not included.
A person's ability to get along with others in an organization is known as
A. locus of control. B. conscientiousness. C. Machiavellianism. D. authoritarianism. E. agreeableness.