The stock release copy of the sales order is not used to
a. locate and pick the items from the warehouse shelves
b. record any out-of-stock items
c. authorize the warehouse clerk to release custody of the inventory to shipping
d. record the reduction of inventory
D
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Taffy Company requires customers to pay before products are shipped. On December 26, the company received $14,700 from the Goodie Company. On December 31, Taffy shipped half of the order to Goodie. What adjusting entry, if any, should Taffy make on December 31?
a. Debit Cash and credit Unearned Revenue for $14,700; b. Debit Cash and credit Revenue for $14,700; c. Debit Unearned Revenue and credit Revenue for $14,700; d. Debit Unearned Revenue and credit Revenue for $7,350; e. Taffy should wait until the entire order is shipped before making an adjustment.
If fixed costs are $180,000, variable costs are $38 per unit, and the product sells for $70, the breakeven point in sales dollars is $5,625
Indicate whether the statement is true or false
Sally was recently assigned to an important advertising campaign for WonderCorp’s new project. She is usually the leader of cash operations and has not done any major advertising since she graduated from college three years ago. Sally is scared she might ruin the advertisement and create a bad name for the company. What is Sally’s reason for resisting change?
a. learning anxiety b. self-interest c. fear of loss d. uncertainty
Resources such as support, loyalty, and extra effort on the job are called ______.
A. currencies of exchange B. reciprocity assets C. interdependent resources D. goodwill