Answer the following statements true (T) or false (F)
1.Mortality is lower when social support systems are lacking.
2.We learn the gender roles we perform.
3.When women and men date, men tend to talk more than women.
4.People in healthy relationships respect each other.
5.Our basic needs include exclusion, control, and affection.
1.FALSE
2.TRUE
3.FALSE
4.TRUE
5.FALSE
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The decision to accept a lower-than-normal selling price may depend on the availability of excess capacity.
Answer the following statement true (T) or false (F)
Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. On July 10, Gideon received a check for the full amount of $2,000 from Hopkins. On July 10, the entry or entries Gideon makes to record the recovery of the bad debt is:
A.
| Accounts Receivable-A. Hopkins | 2,000 | |
| Bad debts expense | 2,000 | |
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
B.
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
C.
| Cash | 2,000 | |
| Bad debts expense | 2,000 |
D.
| Accounts Receivable-A. Hopkins | 2,000 | |
| Allowance for Doubtful Accounts | 2,000 | |
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
E.
| Allowance for Doubtful Accounts | 2,000 | |
| Accounts Receivable-A. Hopkinse | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 | |
| Cash | 2,000 |
The sorting process enables manufacturers to _____
a. increase their power in the channel of distribution b. specialize in one item or product line c. fulfill government grading requirements d. limit product distribution to the most profitable geographic areas
A preincorporation subscription is an offer to purchase capital stock in a corporation yet to be formed
a. True b. False Indicate whether the statement is true or false