When a service has been performed, but no cash has been received, which of the following statements is true?
a. The entry would include a debit to Accounts Receivable.
b. No journal entry would be made.
c. The entry would include a debit to Accounts Payable.
d. The entry would include a credit to Unearned Revenue.
A
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When evaluating a solution in decision making, answering yes to which of the following questions should cause you to reconsider choosing it?
A. Is there enough time? B. Are the costs reasonable? C. Is it ethical? D. Is the technology available? E. Do you consider it merely "good enough"?
Which of the following tests is a laboratory test used for print ads?
A) inquiry test B) recognition test C) portfolio test D) readability test
List specific jobs that should be segregated to prevent misappropriation of cash and inventory
Which of the following is true of using trucks as a transportation mode?
A) Transportation via trucks is costlier than by rail or air. B) Trucks are a specialized means of shipping petroleum, natural gas, and chemicals from sources to markets. C) Trucks provide in-transit services such as the diversion of shipped goods to other destinations en route. D) Trucks are highly flexible in their routing and time schedules. E) Trucks are the slowest mode of transportation and most affected by the weather.