The general term employed to indicate a delay of the recognition of an expense already paid or of a revenue already received is
A) depreciation
B) deferral
C) accrual
D) inventory
B
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Kohlberg's theory of cognitive moral development proposes that as people age and mature, they move through the preconventional, postconventional, and principled stages of moral development.
Answer the following statement true (T) or false (F)
Rashid’s company is considering adopting a new policy. A competitor adopted the same policy and received bad press. He thinks that they too will receive bad publicity if they adopt the policy. Rashid is using
a. inductive reasoning. b. deductive reasoning. c. analogical reasoning. d. logical reasoning.
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 1 during the period for direct materials is: A) Work in Process--Department 1 100,000Materials 100,000 B) Work in Process--Department 1 50,000Materials 50,000 C) Materials 100,000Work in Process--Department 1 100,000 D) Materials 50,000Work in Process--Department 1 50,000
A ________ is a group of people who would be interested in buying a given product or service.
A. market B. consumer C. customer D. target