Which of the following is correct?
a. Retained Earnings normally has a debit balance.
b. Retained Earnings normally has a credit balance.
c. Retained Earnings is closed at the end of the fiscal year.
d. Retained Earnings is a nominal account.
e. None of these answer choices is correct.
B
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If beginning and ending work in process inventories are $5,000 and $15,000, respectively, and cost of goods manufactured is $170,000, what is the total manufacturing cost for the period?
A. $160,000. B. $180,000. C. $155,000. D. $175,000. E. $165,000.
To capture the reader's attention and interest in a persuasive request, you can make an unexpected statement, suggest reader benefits, offer praise or compliments, or ask a stimulating question
Indicate whether the statement is true or false
The Wonder Co manufactures vapourizers. The cap of the Model 400 can be easily removed, and if this is done when the machine is on, the escape of steam can burn a person
For that reason, the company included several warnings in the packaging accompanying the vapourizer, and even had a large and explicit warning right on the machine. Wonder is no longer making the Model 400, and the Model 500 has a safety lock that prevents children from removing the cap. The cost to Wonder of the cap was about 50 cents. The Hendersons' five-year-old removed the cap of the Model 400 vapourizer in his room and was severely burned. The Hendersons sue Wonder. Which of the following is FALSE? A) The defendants satisfied the duty to warn. It is not liable. B) The defendant knew of the dangers of the Model 400 and should have recalled those on the market. C) The defendant was guilty of negligent design. D) Since it was not prohibitively expensive to make a safer product, the defendant should have done so. E) Both A and D
During which of the following phase gates would the question of "Are time, costs, and scope performances within acceptable limits?" be answered?
A. Proposal B. Screening and selection C. Implementation plan D. Progress evaluation E. Closure