The approved payroll disbursement voucher is used to:
A. record time worked
B. record hours worked on specific jobs
C. prepare and disburse employee paychecks
D. prepare a payroll transfer check
Answer: D
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Which of the following transactions is most likely not to result in an adjusting entry at the end of the period?
A) Performance of a service for which payment was not received in advance. B) Purchase of inventory for sale in the subsequent period. C) Purchase of office equipment. D) Purchase of a two-year insurance policy.
Lori works for Big Corporation. The existing contract between Lori and Big Corporation can be terminated at will by either party. Richard, the owner of a small store, offers to pay Lori much more money if she will leave Big Corporation and work for his store. When Lori starts to work for Richard, Big Corporation correctly claims Richard is liable for tortious interference with a contract
a. True b. False Indicate whether the statement is true or false
People who hold extreme jobs usually work long hours under tight schedules, and also engage in heavy travel
Indicate whether the statement is true or false.
Northstar Sporting Goods sells consumer goods to Lena for $85 and provides a written warranty regarding the quality of the goods. Northstar:
a. must designate the warranty as full or limited. b. may disclaim any and all implied warranties as long as the disclaimer is conspicuous. c. may modify the implied warranties. d. All of these are correct.