An important reason to use a work sheet is to

a. aid the accountant in the daily preparation of journal entries.
b. replace the journal when making adjusting and closing entries.
c. check the accuracy of adjusting entries before they are entered formally into the accounting records.
d. accompany the financial statements in the company's annual report.


C

Business

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Skill based pay systems and flat organizational structures are likely to increase __________________ flexibility.

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

Business

A quality characteristic ______.

a. can be a variable or an attribute b. is always an independent variable c. is usually an ordinal value d. is not easily measured

Business

Speculative and growth oriented investments are least appropriate for

A) young investors. B) middle-aged investors. C) retired investors. D) high income investors.

Business

A study of 400 compensation specialists revealed that:

A. market data had a substantially larger effect on pay decisions than job evaluation data. B. job titles had a larger effect on pay decisions than job evaluation data. C. job evaluation data had a larger effect on pay decisions than market data. D. current pay data had a larger effect on pay decisions than market data.

Business