Enrico leaves his Ford sport utility vehicle at Gordo's Auto Service for an oil change. This is?
A) a bailment

B) a gift.
C) confusion.
D) abandoned property.


A

Business

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Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a canoe- shaped aluminum frame. The canoes are then transferred to the Waterproofing department to be coated with sealant. Arona uses a weighted-average process cost system to collect costs in both departments.All materials in the Fabrication Department are added at the beginning of the production process. On July 1, the Fabrication Department had 30 canoes in process that were 20% complete with respect to conversion cost. On July 31, Fabrication had 20 canoes in process that were 40% complete with respect to conversion cost. During July, the Fabrication Department completed 70 canoes and transferred them to the Waterproofing

Department. What journal entry should Arona make to record the completion of the production process by the Waterproofing Department? A.

   
Finished GoodsXXX 
Work in Process - Fabrication XXX
Work in Process - Waterproofing XXX

B.
   
Raw MaterialsXXX 
Work in Process - Waterproofing XXX

C.
   
Manufacturing OverheadXXX 
Work in Process - Waterproofing XXX

D.
   
Finished GoodsXXX 
Work in Process - Waterproofing XXX

Business

The __________ property guarantees that it is impossible to find an alternative message with the same hash value as a given message, thus preventing forgery when an encrypted hash code is used

What will be an ideal response?

Business

Describe at least three of the general information skills essential for all business careers

What will be an ideal response?

Business

The ________ measures the activity, or liquidity, of a firm's stock of goods.

A) average collection period B) inventory turnover ratio C) average payment period D) total asset turnover ratio

Business