All of the following are individuals who may function as a center of influence EXCEPT:
A. salespeople who are selling competing products.
B. country club members.
C. officers of community organizations like the chamber of commerce.
D. members of organizations such as the Lions Club.
E. clergy.
Answer: A
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Connecticut Manufacturing began business on January 1. During its first year of operation, Connecticut worked on five industrial jobs and reported the following information at year-end:
Connecticut's allocation of overhead costs left a debit balance of $1400 in the Manufacturing Overhead account, which was adjusted to zero at year-end. What was the final balance in Cost of Goods Sold for the year ended December 31?
A) $55,300
B) $56,700
C) $53,900
D) $17,900
How can focusing on natural rewards benefit individuals who are working in naturally unmotivating sections of work? How can individuals focus on what they do like about their work as opposed to what they do not like about the work? Are there differences between the type of pleasant feature that is focused on and if so why?
What will be an ideal response?
Which of the following is a true statement?
a. Asset-liability advocates are not prepared to tolerate a fluctuating income statement that may include unrealized holding gains and losses. b. Asset-liability advocates and revenue-expense advocates are polarized in part because the financial statements are non-articulated. c. Revenue-expense proponents are prepared to introduce deferred charges and deferred credits in order to smooth income measurement. d. With articulation, it is possible to have a revenue-expense-based income statement and an asset-liability-based balance sheet.
The recording of the jobs shipped and customers billed would include a credit to:
A) Accounts Payable B) Cash C) Finished Goods D) Cost of Goods Sold