The owner transfers a personal automobile to the company with a fair market value of $12,000. The entry will be made in the
A) purchases journal
B) cash payments journal
C) cash receipts journal
D) general journal
D
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Semantics focuses on which of the following?
A) the meaning of words B) the sounds of words C) the function of words D) the structure of words
In the VALS framework, consumers can have abundant or minimal level of psychological, physical, and material resources. One segment with minimal resources, known as ________, focus on meeting basic needs (safety and security) rather than fulfilling desires.
A. Thinkers B. Strivers C. Innovators D. Survivors E. Makers
According to your text, the ultimate objective of supply chain management is
A. to make each channel as efficient as possible, thus saving the company money. B. to accurately predict production levels in order to minimize inventory carrying costs. C. to integrate the activities of related companies so they function as one extended enterprise. D. to utilize as few channel members as possible in the manufacture of the product. E. to choose intermediaries that share the same mission as the company.
Which of the following statements about group insurance is true?
A) Individual contracts are issued to each person covered under a group insurance plan. B) The cost of group insurance is usually higher on a per-person basis than the cost of individual insurance. C) The actual experience of a large group is a factor in determining the premium that is charged. D) Individual evidence of insurability is usually required.