Which of the following is not true about special journals?
a. A company
does not have to use special journals; b. A sale of a company's used
machinery on account should be recorded in the general journal; c. Only purchases made on account are recorded in the purchases journal; d. All transactions that involve liabilities should be made in the general journal;
e. When a customer pays off the amount due, the company records that amount in the cash receipts journal.
D
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Which of the following is most likely true about shoppers who prefer to shop at "lifestyle centers"?
A) They use coupons. B) They prefer upscale stores. C) They prefer indoor shopping locations. D) They rarely dine out in expensive restaurants. E) They are motivated by deals on last year's merchandise.
The main purpose of evaluating the supplier market is to ______.
A. choose purchases with greater cost-effectiveness B. maximize supply-related risks C. choose purchases based on requirements D. minimize future purchases
Answer the following statements true (T) or false (F)
British standard setters blazed the trail of accounting regulation being centered in the private sector.
Which of the following is NOT one of the types of probabilistic estimates used in PERT?
a. optimistic b. historical c. most likely d. pessimistic