Gamification appeals to Baby Boomers' expectations that learning is quick and available at their fingertips.

Answer the following statement true (T) or false (F)


False

Business

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A petty cash fund was established with a $525 balance. It currently has cash of $35 and petty cash tickets as shown below:


Which of the following would be included in the journal entry to replenish the Petty Cash fund?
A) debit to Cash Short & Over for $35
B) credit to Cash Short & Over for $35
C) debit to Petty Cash for $35
D) credit to Petty Cash for $35

Business

Redundancy refers to ______.

A. the duplication of critical components such that the duplicate systems operate in parallel to the original components B. the duplication of components across the entire system such that each component in the system is duplicated C. the creation of a second system to mimic the first system if every component of the first system should fail D. the creation of unnecessary backup systems to provide a level of operational reliability that is not really required

Business

Marketing logistics involves which of the following types of distribution flows?

A) outbound and inbound only B) outbound, inbound, and reverse C) outbound and reverse only D) inbound and reverse only E) outbound only

Business

A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $185,000. The current period's entry to record the warranty expense is:

A. Debit Estimated Warranty Liability $7,400; credit Cash $7,400. B. Debit Warranty Expense $7,400; credit Estimated Warranty Liability $7,400. C. Debit Warranty Expense $7,400; credit Sales $7,400. D. Debit Estimated Warranty Liability $7,400; credit Warranty Expense $7,400 E. No entry is recorded until the items are returned for warranty repairs.

Business