The entry to record the amortization of a premium on bonds payable on an interest payment date includes:

A) debit Premium on Bonds Payable, credit Interest Revenue
B) debit Interest Expense, credit Premium on Bond Payable
C) debit Interest Expense, debit Premium on Bonds Payable, credit Cash
D) debit Bonds Payable, credit Interest Expense


C

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The following unit data were assembled for the assembly process of the Super Co for the month of June. Direct materials are added at the beginning of the process. Conversion costs are added uniformly over the production process. The company uses the FIFO process. Units Beginning work in process 5,000 (60% complete) Units started in September 51,000 Ending work in process 4,000 (30% complete) The

number of equivalent units produced with respect to conversion costs is: A) 54,200 B) 55,200 C) 54,200 D) 50,200

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Compensable factors must be consistent with the organization's strategy and values.

Answer the following statement true (T) or false (F)

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_______________________________ is a third party dispute resolution method in which a neutral third party investigates a bargaining impasse and issues nonbinding recommendations for a settlement.

Fill in the blank(s) with the appropriate word(s).

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Which of the following is the best advice about the use of direct quotations in a report?

A) Beware of overusing quotations because you may appear as if you have no ideas of your own. B) If you use a direct quotation, don't dilute its impact by summarizing it or introducing it in your own words. C) Place the direct quotation in quotation marks, but change a few words to show you have your own ideas. D) Avoid using any direct quotations in a report.

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