The document prepared by a department requesting the company to buy something is called a(n)
A) purchase order.
B) invoice.
C) receiving report.
D) purchase requisition.
D
You might also like to view...
In 2016, its first year of operations, Wilber Company reported pretax accounting income of $60,000. Included in the $60,000 was an expense for accrued, unpaid warranty costs of $8,000, which are not deductible until paid for income tax purposes. Wilber's income tax rate was 20%. The entry to record the income tax expense would include a
A) credit to Income Tax Expense for $12,000. B) credit to Income Taxes Payable for $12,000. C) credit to Deferred Tax Liability for $1,600. D) debit to Deferred Tax Asset for $1,600.
______ is a financial incentive awarded to employees for meeting certain goals or objectives.
A. Skill-based pay B. Job content-based pay C. Performance-based pay D. Seniority-based pay
The post-closing trial balance would not include which of the following accounts?
A) Unearned Legal Fees B) Accumulated Depreciation-Office Equipment C) Dividends D) Retained Earnings
Behavioural barriers to change occur because of conflicts between departments, conflicts arising from power relationships, and refusal to share information.
Answer the following statement true (T) or false (F)