You are organizing your résumé for a highly competitive summer internship with an accounting firm. You believe your education is your strongest qualification because your work experience has been seasonal jobs at minimum wage. You also believe that your abilities, interests, and character are qualities that closely parallel the job description supplied by the business. What type of résumé
would be LEAST preferred for conveying your strengths?
a. Chronological
b. Functional
c. Chrono-functional
d. All are equally preferred.
A
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On April 1 of the current year, a company purchased and placed in service a machine with a cost of $240,000. The company estimated the machine's useful life to be four years or 60,000 units of output with an estimated salvage value of $60,000. During the current year, 12,000 units were produced.Prepare the necessary December 31 adjusting journal entry to record depreciation for the current year assuming the company uses:a. The straight-line method of depreciationb. The units-of-production method of depreciationc. The double-declining-balance method of depreciation
What will be an ideal response?
Inspection certificates are often used to assure that a shipment will conform to the specifications required by the buyer
Indicate whether the statement is true or false
Suppose the direct foreign exchange rates in U.S. dollars are:1 Singapore dollar = $0.70251 Cyprus pound = $2.5132Based on the information given above, the indirect exchange rates for the Singapore dollar and the Cyprus Pound (from a U.S. perspective) are:
A. 0.2975 Singapore dollars and 1.5132 Cyprus pounds respectively. B. 1.7655 Singapore dollars and 1.4235 Cyprus pounds respectively. C. 1.4235 Singapore dollars and 0.3979 Cyprus pounds respectively. D. 2.1622 Singapore dollars and 0.4625 Cyprus pounds respectively.
Smiles Entertainment had the following accounts and balances at December 31:
Using the information in the table, calculate the company’s reported net income for the period.
A) $1,100.
B) $4,000.
C) $8,500
D) $10,400.
E) $5,500.