Vogle Company purchased $8,000 of equipment by making a $500 down payment and issuing a note for the remainder. As a result of this event, assets increased by $8,000.
Answer the following statement true (T) or false (F)
False
Equipment (assets) increases by $8,000; cash (assets) decreases by $500, for a net increase of $7,500. Liabilities (notes payable) increase by $7,500 also.
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Halle is trying to identify the work performed and the working conditions of the 200 sales associates at Acme Global. She needs the information quickly in order to present it at the next management meeting. In this case, the ________ job analysis method would be most appropriate.
A. questionnaire B. interview C. diary D. observation E. departmental
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was an attempt to meet the complaints of the business community with regard to the ________
A) increase of unemployment insurance for debtors facing bad times B) issues related to the Bankruptcy Reform Act of 1978 C) increase in the number of filings for personal bankruptcy D) allegation that debtors had begun evading payments to creditors
Data pertaining to a company's joint production for the current period follows: L M Quantities produced 200lbs. 150lbs. Market value at split-off point$8/lb. $16/lb. Compute the cost to be allocated to Product L for this period's $660 of joint costs if the value basis is used. (Do not round your intermediate calculations.)
A. $330. B. $264. C. $1,364. D. $796. E. $396.
The U.S. Food Safety and Inspection Service conducts searches of certain businesses. This agency and other administrative agencies can conduct warrantless searches in
a. all industries. b. highly regulated industries. c. no industries. d. newly regulated industries only.