Factless fact tables may apply when:
A) we are deleting sales.
B) we are tracking sales.
C) we are taking inventory of the set of possible occurrences.
D) we are deleting correlated data.
D
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In preparing a T-account work sheet, a master T-account for cash appears at the top of the work sheet. This master T-account has three sections, labeled
a. Operations, Investing, and Financing. b. Working Capital, Investing, and Financing. c. Operations, Working Capital, and Financing d. Operations, Working Capital, and Investing e. Operations, Exchanges, and Investing
Under which accounting method are revenues and expenses recognized in the same accounting period that cash receipts and payments occur?
A) Under the cash basis of accounting B) Under the accrual basis of accounting C) Under the percentage of sales method of accounting D) Under the direct write-off method of accounting
Which of the following channels is the richest for communicating delicate or controversial messages?
A) texting B) email C) face to face D) voice mail E) Skype
Which of the following formulas is the right formula for calculating contribution margin ratio?
A) Contribution margin ratio = Contribution margin + Net sales revenue B) Contribution margin ratio = Contribution margin / Net sales revenue C) Contribution margin ratio = Contribution margin x Net sales revenue D) Contribution margin ratio = Contribution margin - Net sales revenue