The ________ method recognizes that service departments consume resources of other service departments and allocates those costs to other service departments, and then to production departments, in a sequential fashion
a. step–down
b. FIFO
c. direct
d. reciprocal
a
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Dallas Corp reported the following information for 2015 and 2016. Interest receivable, December 31, 2015 $1,100 Interest receivable, December 31, 2016 1,400 Interest income—2016 3,200 How much cash was received for interest during 2016?
a. $2,900 b. $3,200 c. $3,500 d. $3,800
Registration of securities with the SEC guarantees to a potential investor the financial soundness of the business represented by the stock
a. True b. False Indicate whether the statement is true or false
An annuity with an infinite life is called a(n) ________
A) perpetuity B) primia C) option D) deep discount
Which of the following is true about temporary workers?
A. Temporary workers give employers some flexibility to respond to fluctuations in consumer demand for their products and services. B. The objective perspective that temporary workers bring with them is of no value because of their lack of experience. C. Although they are temporary, these workers have to be included in employee records. D. Instead of replacing long-term employees with temporary employees, many organizations supplement their core staff with a small set of temporary workers who act more like assistants to the core staff than potential replacements. E. Despite prior training from temporary agencies, companies have to retrain temporary workers to match company standards.