Compilation of an accounting statement can be categorized under ________ skills.
A) technical
B) communication
C) conceptual
D) interpersonal
E) decision-making
A) technical
Explanation: A technical skill is the ability to perform a specialized task that involves a certain method or process. For example, accounting and finance courses will help individuals develop the technical skills they need to understand and manage the financial resources of an organization.
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Ragged Edge Arts uses a just-in-time (JIT) manufacturing environment. For the month of October, Ragged Edge Arts has completed $2,400 of quilts and paintings. The journal entry required to record the transfer to finished goods is ________
a. Raw and In Process Inventory 2,400 Accounts Payable 2,400 b. Finished Goods Inventory 2,400 Cost of Goods Sold 2,400 c. Finished Goods Inventory 2,400 Raw Materials Inventory 2,400 d. Finished Goods Inventory 2,400 Raw and In Process Inventory 2,400
A mystery shopper is a form of which primary data collection technique?
a. observation b. survey c. experimentation d. simulation
The process of dividing a larger market into smaller groups based on meaningfully shared characteristics is referred to as
A. market segmentation. B. mass marketing. C. positioning. D. market fragmentation. E. concept testing.
If treasury stock is resold for more than cost, the difference is debited to the account Paid-In Capital from Treasury Stock Transactions
Indicate whether the statement is true or false