Which of the following entries would be made because of the matching principle?

A)
Salaries Expense 1,000
Service Revenue 1,000

B)
Cash 1,000
Salaries Expense 1,000

C)
Salaries Expense 1,000
Salaries Payable 1,000

D)
Cash 1,000
Unearned Revenue 1,000


C

Business

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Which one of the following statements regarding changing inventory methods is true?

a. A change in inventory methods can be justified if the change is made to better match profits with revenue. b. Changing inventory methods affects consistency. c. One place that the reader of an annual report would be able to identify that a company changed inventory methods is the statement of stockholders' equity. d. Tax advantages are valid justification for changing inventory methods.

Business

The Internet is a critical component of integrated marketing communications

Indicate whether the statement is true or false

Business

Which of the following is not a standard guide word used in e-mail messages and memos?

A) TO: B) FROM: C) RESPONSE: D) DATE:

Business