Which of the following is the correct order of the four steps of tracking product costs?
A) assign ? accumulate ? allocate ? adjust
B) accumulate ? assign ? allocate ? adjust
C) adjust ? allocate ? accumulate ? assign
D) allocate ? adjust ? accumulate ? assign
B
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Lone Tree Office Supplies issued Ck. No. 7065 for $5,390 to Buffalo Paper, Inc, in payment of invoice no. 177, less cash discount of $110 . Lone Tree Office Supplies would record a
a. credit to cash, $5,500 . b. debit to Accounts Payable, $5,390. c. credit to Purchases Discounts, $110. d. debit to Purchases Discounts, $110.
The manner in which a scientist intends to conduct an experiment is called
A. the experimental design. B. inductive reasoning. C. the conclusion. D. data collection and analysis.
Sean has created an automatic cat feeder that will release small amounts of wet food at times set by the owner. He hopes that the unit will solve the problem of having to feed the cat multiple times a day or having to throwout food that has gone dry.He builds seven crude but serviceable units and asks friends with cats to test the product.He then obtainstheir feedback.What is this action called?
a. a pilot b. a storyboard c. a product launch d. an operational test
Orson files a suit against Portia. Before going to trial, the parties meet, with their attorneys to represent them, to present their dispute to a third party who is not a judge but who imposes a resolution on the par¬ties. This is
a. arbitration. b. mediation. c. negotiation. d. not a legitimate form of dispute resolution.