The journal entry to record the monthly payroll on April 30 would include a
a. credit to Salaries Payable for $8,150
b. debit to Salaries Expense for $7,902
c. debit to Salaries Payable for $8,150
d. debit to Salaries Payable for $7,902
a
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Which term refers to a substitute arrangement of union membership in which members receive discounts on insurance and credit cards rather than representation in collective bargaining?
A. card-check provision B. indirect union provision C. corporate union membership D. associate union membership E. relational union membership
Cost of goods sold is budgeted at 40% of sales, and the inventory at the end of February was $34,000. Desired inventory levels at the end of each month are 10% of the next month's cost of goods sold. What is the desired beginning inventory on June 1?
Seaworthy Company, a merchandising company, has prepared the following sales budget:
A) $24,800
B) $9640
C) $96,400
D) $9920
When applying the lower-of-cost-or-market rule to inventory valuation, market generally means
A) original cost, less physical deterioration. B) replacement cost. C) original cost. D) resale value.
What is the first step in the marketing research process?
A) developing a marketing information system B) defining the problem C) designing the research D) conducting the research E) hiring an outside research specialist