Under a job order system of cost accounting, the dollar amount of the entry to transfer inventory from Work in Process to Finished Goods is the sum of the costs charged to all jobs:
a. In process during the period.
b. Completed and sold during the period.
c. Completed during the period.
d. Started in process during the period.
c
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Which of the following items would be considered a cash equivalent if it was held at the balance sheet date?
a. U.S. Treasury bill purchased when there were 90 days until maturity. b. Commercial paper with a 6-month maturity which was purchased at the issue date. c. The common stock of a company traded on the New York Stock Exchange which was purchased 30 days before the balance sheet date. d. U.S. Treasury note which matures 2 years after it is issued and which was purchased 4 months before the balance sheet date.
It is completely appropriate to use shorthand and emoticons when you email your boss or a client?
a. True b. False
Refer to the scenario above. What is a suitable constraint?c
A) Minimize Cost = $19?SVL + $16?SVP + $3?SVM + $8?SVA B) Minimize Cost = $19?SVL + $15?SLL + $13?SBL + $16?SSL C) SBL + SBP + SBM + SBA ? 400 D) 3?SVM + 17?SLM + 18?SBM + 18?SSM = 620
Gary writes a check drawn on Hilltop Bank for $400 "payable to Ivan" on May 1. Gary dies on May 3. Ivan presents the check to the bank on May 5. Unaware of Gary's death, the bank A) mustcertify the check
B) may pay the check. C) must consult with Gary's heirs before paying the check. D) can do nothing until Ivan claims an interest in the account.