Under which circumstance would one less closing entry than usual be made?
a. When the Retained Earnings account is zero prior to posting of closing entries
b. When a net loss has been suffered
c. When revenues have not yet been collected
d. When net income is zero
D
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Which of the following is a frequent barrier to effective measurement?
A. Communication is bureaucratic. B. Top executives create the organization's strategy. C. The organizational culture overemphasizes teamwork. D. Employees resist new measurement systems. E. The organizational culture allows too much risk taking.
An automobile parts retailer purchases merchandise inventory on account. When using a manual accounting information system, this transaction is recorded in the ________.
A) purchases journal B) general journal C) cash payments journal D) sales journal
Explain the steps involved in the marketing research process
What will be an ideal response?
Budgeting is a form of which type of organizational change mechanism?
A. attention B. rewards C. resource allocation D. reactions to critical incidents