When should supplies be recorded as an expense?
A. In the period cash is paid for the supplies, regardless of when the supplies were received.
B. In the period the supplies are purchased, regardless of when cash is paid.
C. In the period the supplies are used, regardless of when they were purchased.
D. In the period the supplies are sold, regardless of when they were received.
Answer: C
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Technical skills include the ability to perform the jobs in the supervisor’s area of responsibility.
Answer the following statement true (T) or false (F)
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a. looking yourself in the mirror and saying whatever comes to mind. b. stealing ideas from current competitors. c. hiring a bunch of young, smart kids. d. talking to consumers or business customers and finding their problems.
Donald approves on behalf of Evelyn—but without authorization—a contract with Farouk to build a new silo. Evelyndoes not ratify the contract. The deal with Farouk is
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