Crest Co. receives and immediately pays a $5,250 utility bill from the Public Service Utility Company. Public Service Utility Company will record the receipt of this payment with a journal entry that includes a:
A. credit to Accounts Payable.
B. debit to Utilities Revenue.
C. debit to Cash.
D. debit to Utilities Expense.
Answer: C
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a. True b. False Indicate whether the statement is true or false
Line balancing is the assignment of work to stations in a line to achieve the desired output rate with the smallest number of workstations
Indicate whether the statement is true or false
Subjective probability assessments depend on
A) the total number of trials. B) the relative frequency of occurrence. C) the number of occurrences of the event. D) experience and judgment. E) None of the above
Sam Reuter, marketing manager for Herbal Shampoo Company, has to choose one of three different proposed labels for a new herbal shampoo. How might Sam pretest the consumer response to the labels?
A. by preparing sample labels with graphics software and testing them on the Internet B. by checking the labels of competitors C. by putting a toll-free telephone number and website address on the product label D. by setting up a video conference E. by launching the product with new labels and evaluating the response