For a nail salon, the costs associated with the purchase of nail polish and other products like nail polish remover, sterilized equipment, laundry service for the towels, and the beverages given to customers, are all examples of _____ costs.
A. marginal
B. variable
C. fixed
D. promotional
E. liquidity
Answer: B
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The journal entry used to record the payment of a discounted note is
a. debit Notes Payable and Interest Expense; credit Cash b. debit Notes Payable; credit Cash c. debit Cash; credit Notes Payable d. debit Accounts Payable; credit Cash
Answer the following statements true (T) or false (F)
1.The possible self is the self you might become one day--the one you think about becoming. 2.According to social comparison theory, we compare ourselves to others to develop a feel for how our talents, abilities, and qualities measure up to theirs. 3.A combination of passion and perseverance for a singularly important goal, together with resilience and a lack of tolerance for feeling frustrated, is known as grit. 4.Those who are primarily collectivistic in the way they think and behave have an idiocentric orientation. 5.If your possible self is very different from you, then you might feel dissatisfied with your life.
The job order costing system is used by service firms to determine revenues, expenses, and ultimately profit
Indicate whether the statement is true or false
Concise writing significantly affects organizations because time equals ________
A) business B) money C) vacation D) customers