Liabilities have which of the following two major categories?
A) Accounts payable and notes payable
B) Contributed capital and retained earnings
C) Current and long term
D) Unearned revenues and other payables
C
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Which of the following is not one of the Big Five personality dimensions?
A. tolerance for ambiguity B. extroversion C. agreeableness D. conscientiousness E. emotional stability
Which of the following will result in an unfavorable direct materials efficiency variance?
A) the actual cost per unit of direct materials exceeds the standard cost of direct materials B) the actual cost per unit of direct materials is less than the standard cost per unit of direct materials C) the actual quantity of direct materials used per unit exceeds the standard quantity of direct materials allowed per unit D) the actual quantity of direct materials used per unit is less than the standard quantity of direct materials allowed per unit
For work done during August, Footprints Company incurred direct materials costs of $104,000 and conversion costs of $260,000. The company employs a just-in-time operating philosophy and backflush costing. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,080 of costs, and the ending balance of the Finished Goods Inventory account was $1,220
There were no beginning inventory balances. Using the information provided for Footprints Company, what was the ending balance of the Cost of Goods Sold account for August? A) $361,700 B) $362,780 C) $362,920 D) $364,000
In the S-E-M-D-R and S-M-R models, the S and M, respectively, stand for ________ and ________
A) sender; mode B) source; medium C) source; message D) sender; message