When a buyer returns merchandise purchased for cash, the buyer may record the transaction using the following entry

A) debit Merchandise Inventory; credit Cash
B) debit Cash; credit Merchandise Inventory
C) debit Cash; credit Sales Returns and Allowances
D) debit Sales Returns and Allowances; credit Cash


B

Business

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Which of the following is a major step in selecting advertising media?

A) determining reach, frequency, and impact B) selecting message execution style C) developing a compelling creative concept D) deciding on format elements E) planning a message strategy

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Bradford Inc Bradford Inc manufactures and sells digital cameras. Bradford's management team has begun an intensive program whereby more time and effort are to be focused on product quality than were focused on in the past. The following data has been compiled regarding expected quality costs in the upcoming year: Product quality audits $90,000 Quality training 60,000 Rework costs 40,000 Warranty

claims 70,000 Inspection of incoming materials 30,000 Scrap costs 24,000 Statistical process control 30,000 Refer to the Bradford Inc information above. What are Bradford's total internal failure costs? A) $60,000 B) $64,000 C) $150,000 D) $70,000

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Use the data to calculate the earned value for the project. All amounts are in thousands of dollars

A) $65,500 B) $69,550 C) $71,100 D) $76,125

Business

A minor's willingness to be bound by a contract he or she has made is called ____________________

Fill in the blank(s) with correct word

Business