Creating a more cooperative environment for management and labor through attitudinal structuring, integrative bargaining, etc., is known as a ________ strategy.
Fill in the blank(s) with the appropriate word(s).
fostering change
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There are two basic types of access modes for data storage: _____ and direct (random) access.
A. selective B. indirect C. haphazard D. sequential
Distinguish between inherent risk and control risk. How do internal controls and detection risk fit in?
On July 1, Ferguson Company sold merchandise in the amount of $5,800 to Tracey Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Ferguson uses the perpetual inventory system and the gross method. On July 5, Tracey returns some of the merchandise. The selling price of the merchandise is $500 and the cost of the merchandise returned is $350. The entry or entries that Ferguson must make on July 5 is (are):
A.
Sales returns and allowances | 500 | |
Accounts receivable | 500 | |
Merchandise inventory | 350 | |
Cost of goods sold | 350 |
B.
Accounts receivable | 500 | |
Sales returns and allowances | 500 | |
Cost of goods sold | 350 | |
Merchandise inventory | 350 |
C.
Sales returns and allowances | 350 | |
Accounts receivable | 350 |
D.
Accounts receivable | 500 | |
Sales returns and allowances | 500 |
E.
Sales returns and allowances | 500 | |
Accounts receivable | 500 |
Which of the following words can be either singular or plural?
A) politics B) mumps C) news D) mathematics