Which one of the following would not be included in a closing entry?
A. A debit to Unearned Revenue
B. A credit to Dividends
C. A debit to Service Revenue
D. A credit to Rent Expense
Answer: A
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A graph of decisions and their possible consequences is known as a(n)
A. decision tree. B. Gantt chart. C. results chart. D. outcome matrix. E. fishbone diagram.
Static budgets are prepared on quarterly basis and require frequent change during the annual budget period
Indicate whether the statement is true or false
The term ______ of markets refers to the buying and selling of goods and services worldwide.
A. globalization B. complexity C. parochialism D. nationalization
Identify the social structural characteristic that helps in creating an empowering environment through decentralization, allowing greater contribution to overall operation, and avoiding micromanagement.
A. Hierarchical structure B. High role ambiguity C. Wide span of control D. Low role ambiguity