Which of the following accounts decreases when cost of goods manufactured is recorded?
A) Work in Process Inventory
B) Finished Goods Inventory
C) Overhead
D) Cost of Goods Sold
A
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If a company erroneously records a $500 deposit as $400 in its books, which of the following must occur when reconciling the bank statement?
a. The company will have to increase the balance per the bank statement by $100. b. The company will have to increase the balance per the books by $100. c. The company will have to decrease the balance per bank statement by $100. d. None of the above
What is the name of the database that is used to collect, validate, store, and disseminate data in support of government agency acquisitions?
A) General Services Administration database B) Central Contractor Registration database C) Customer Value Assessment database D) Vendor-Managed Inventory database E) Proposal Solicitation database
Which of the following is NOT an example of a visual aid?
A. An order form B. A demonstration C. A model of the product D. Sales manuals E. A chart
Angela ordered a new sweater online. Once the order was complete, the company sent her an e-mail with a link to the shipping status of her order. Angela could use this link at any time to see exactly where her package was in the delivery process. This is an example of ________ ________ communication.
Fill in the blank(s) with the appropriate word(s).