The Congressional Review Act of 1996 requires each agency to make available for copying on request such items as staff manuals, staff instruction orders, and adjudicated opinions, as well as interpretations of policy statements
Indicate whether the statement is true or false
FALSE
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Ted Catering received $840 cash in advance from a customer for catering services to be provided in three months. Determine the general journal entry that Ted Catering will make to record the cash receipt. Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.
A.
| Cash | 840? | |
| Accounts Receivable | 840? |
B.
| Accounts Receivable | 840? | |
| Catering Revenue | 840? |
C.
| Unearned Catering Revenue | 840? | |
| Catering Revenue | 840? |
D.
| Cash | 840? | |
| Catering Revenue | 840? |
E.
| Cash | 840? | |
| Unearned Catering Revenue | 840? |
Which of the following should be included in computing a revenue budget for a professional services firm?
a. Wage rates. b. Predetermined overhead rate. c. Billing rate. d. Direct costs.
A closely guarded formula for a recipe protected by a soft drink manufacturer is a ________.
A. trade secret B. copyright C. patent D. trademark
Jill loans her laptop to Kyle. This is a bailment for
A. neither party's benefit. B. the parties' mutual benefit. C. the sole benefit of the bailee. D. the sole benefit of the bailor.