Which of the following is a temporary account?
A) Retained Earnings
B) Accounts Receivable
C) Purchases Returns and Allowances
D) Accumulated Depreciation
C
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Department R had 5,000 units in work in process that were 75% completed as to labor and overhead at the beginning of the period, 30,000 units of direct materials were added during the period, 32,000 units were completed during the period, and 3,000 units were 40% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in,
first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was: A) 32,450 B) 29,450 C) 31,950 D) 26,000
Which of the following sentences uses passive-voice verbs?
A) My professor explained our next project in today's class period. B) Our website was recently redesigned to make it more inviting and mobile friendly. C) Mackenzie presented her ideas for reducing costs during the all-staff meeting.
Skills that are directly involved in making the product or providing a service are:
a. human skills b. conceptual skills c. technical skills d. decision-making skills e. communication skills
Disclosing information you received about stock in a publicly held corporation to another person who then makes a profit as a result of obtaining this information is guilty of the crime of:
a. robbery. b. identity theft. c. embezzlement. d. insider trading.