In reconciling a bank statement, it was discovered that an ATM withdrawal by the owner had not been recorded. He used the cash for personal purposes. The journal entry for this transaction would
a. credit Cash and debit Miscellaneous Expense; b. debit Owner's Expense and credit Drawing; c. debit Owner's Account Receivable and credit Cash; d. debit
Drawing and credit Cash; e. debit Owner's Capital and credit Cash.
D
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Answer the following statements true (T) or false (F)
1. Middle-level managers are responsible for operational control. 2. An equipment control that monitors the use of computers is part of the informational area of organizational control. 3. Drug tests at hiring are an example of the human resources area of organizational control. 4. Bureaucratic control is characterized by the use of rules, regulations, and formal authority to guide performance.
The meaning of value is perceived identically by all consumers
Indicate whether the statement is true or false
Jamele has inherited a team of low performers. She is eager to change their performance levels, so she will most likely begin by changing ______.
A. self-esteem B. self-efficacy C. self-fulfilling prophecy D. low expectations to high expectations
The strategic sourcing process consists of ______ steps.
A. six B. seven C. five D. eight