Which of the following accounts would appear in a balance sheet of a manufacturing company?
a. cost of goods sold, finished goods and work in process
b. cost of goods sold, cost of goods manufactured and gross margin
c. raw materials, work in process and cost of goods sold
d. raw materials, work in process and finished goods
e. None of these accounts would appear on a balance sheet.
d
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It is recommended that the factors extracted should account for at least ________ of the variance
A) 50 % B) 60% C) 65% D) 70%
Which of the accounts below would be closed by posting a debit to the account?
A) Unearned Revenue B) Fees Earned C) Josh Morton, Drawing D) Rent Expense
Physical constraints include all of the following except?
a. Untrained workers b. Faulty equipment c. Lack of preventative maintenance d. Material bottlenecks in supply chain
Corbin, a partner in Doctors Medical Clinic, applies for a loan with Evermore Bank allegedly on Doctors' behalf but without the authorization of the other partners. Evermore knows that Corbin is not authorized to take out the loan. Corbin defaults on the loan. Liability for its unpaid amount is imposed on
a. Corbin and Doctors, jointly. b. Corbin only. c. Doctors only. d. Evermore only.