Every business transaction leaves the accounting equation in balance.
Answer the following statement true (T) or false (F)
True
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Tracy works for a cellular phone company that offers trade-in allowances toward the upgrade of new phones, which is an example of ________
A) a sales promotion B) interactive marketing C) word-of-mouth marketing D) personal selling E) events and experiences
The accounts payable department reconciles the accounts payable subsidiary ledger to the control account
Indicate whether the statement is true or false
Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 6,000 Percent complete with respect to materials 60%Percent complete with respect to conversion 20%Costs in the beginning inventory: Materials cost$78,200 Conversion cost$3,600 Units started during the month ? Units completed and transferred out during the month 70,000 Costs added to production during the month: Materials cost$286,600 Conversion cost$216,000 Work in process, ending: Units in process 8,000 Percent complete with respect to materials 75%Percent complete with respect to conversion 25% How much cost, in total,
was assigned to the units transferred out to the next department during the month? A. $549,500 B. $535,000 C. $502,600 D. $584,400
Megan is currently working in a text file that contains a space as a delimiter. She is concerned because proper names, such as Alice Brown, should be considered one value, not two. How should these values appear in the text file to avoid being separated into two values when imported into Excel®?
a. They should be surrounded by double quotes, as in "Alice Brown." b. There should be no space between proper names, as in "AliceBrown." c. The import wizard automatically knows these proper names are one value. d. They should be eliminated from the text file.