To arrive at an accurate balance on a bank reconciliation statement, an error made by the bank in which the bank deducted a check issued by another business from the balance of the company's bank account should be
A. deducted from the bank statement balance.
B. deducted from the book balance.
C. added to the book balance.
D. added to the bank statement balance.
Answer: D
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Assuming the number of units sold and produced are the same, which of the following statements is true when comparing net operating income using absorption and variable costing?
A) Absorption costing will yield a higher net operating income. B) Variable costing will yield a higher net operating income. C) Net operating income will be the same under both methods. D) Variable costing will have higher sales revenue.
Mismanaging diversity is likely to result in all of the following EXCEPT
A. reduced innovation. B. reduced motivation. C. increased absenteeism. D. costly lawsuits. E. reduced turnover.
For a sample size of 1, the sampling distribution of the mean is normally distributed:
a. regardless of the shape of the population. b. only if the population values are larger than 30. c. only if the population is normally distributed. d. None of these choices.
Epolicies are policies and procedures that address information management along with the ethical use of computers and the Internet in the business environment.
Answer the following statement true (T) or false (F)