In the example of "Purchase Groceries," the primary actor is the cashier

Indicate whether the statement is true or false


FALSE

Business

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Source data for the work in process inventory as of the end of the accounting period comes from the

a. materials inventory in the general ledger. b. work in process inventory in the general ledger. c. Balance Sheet columns of the work sheet. d. Income Statement columns of the work sheet.

Business

An investor found the following in an annual report: "The financial statements, in our opinion, present fairly the financial position, operating results, and cash flows, in conformity with accounting principles generally accepted in the United States." In which section of the annual report did the investor find this?

a. Balance Sheet b. Notes to the Financial Statements c. Management's Discussion and Analysis d. Report of the Independent Accountants

Business

The number of authorized shares should always equal or exceed the number of outstanding shares

Indicate whether the statement is true or false

Business

Haley wants to accurately gauge the conscientiousness and neuroticism of people applying to work in her convenience store. What is the best way for Haley to assess these qualities in prospective employees before she hires them?

A. interview the applicants in person B. ask the employees to submit to a polygraph test C. use a written personality test to assess the applicants D. ask friends of the applicants to rate them on these qualities E. interview the applicants over the telephone

Business