Which of the following is a graphical summary of a set of data in which each data value is represented by a dot above the axis?
a. histogram
b. box plot
c. dot plot
d. crosstabulation
C
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Before the fall term began, professors at Ridgeview College were required to fill out many forms, ranging from performance objectives to lists of summer contacts with prospective students. Many professors complained that they would rather spend the time getting ready for their courses. This is an example of which barrier to successful control?
A. Overemphasis on one instead of multiple approaches. B. Overemphasis on paperwork. C. Overemphasis on means instead of ends. D. Too much control. E. Too much flexibility.
Which of the following is an expense that results from the usage of a natural resource?
A) depletion B) amortization C) depreciation D) obsolescence
____ reflects the need to replace existing equipment or to expand the firm’s productive capacity.
a. Preliminary control of capital b. Preliminary control of material c. Preliminary control of function d. Preliminary control of action
On September 12, Vander Company sold merchandise in the amount of $5,800 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Jepson uses the periodic inventory system and the gross method of accounting for purchases. The journal entry that Jepson will make on September 12 is:
A.
| Merchandise inventory | 5,800 | |
| Accounts payable | 5,800 |
B.
| Accounts payable | 4,000 | |
| Merchandise inventory | 4,000 |
C.
| Purchases | 5,800 | |
| Accounts receivable | 5,800 |
D.
| Purchases | 5,800 | |
| Accounts payable | 5,800 |
E.
| Purchases | 4,000 | |
| Accounts receivable | 4,000 |