Which of the following is a bonus paid by a manufacturer to a salesperson for selling its product?
A. a premium
B. a sweepstakes
C. a merchandising allowance
D. a rebate
E. push money
Answer: E
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The purpose of making materiality judgments is to make sure that financial statements are free of any material misstatement
a. True b. False Indicate whether the statement is true or false
Design capacity is ______.
A. the maximum rate of output achieved by an operation, a process, or a manufacturing or service facility that is producing under ideal conditions B. the capacity that can be achieved given the actual changes in product mix, machines and equipment that require periodic maintenance, scheduling changes, and workers who take time off for lunch, absences, and other needs C. less than effective capacity D. dependent on the company’s market share
The cash payments journal is posted to the general ledger in two stages. On a daily basis, the individual amounts in the general debit column are posted, and at the end of the month, the total of each of the other amount columns are posted
Indicate whether the statement is true or false
SCENARIO-BASED QUESTIONS Improving Presentation Visuals ? Northeastern University has developed a presentation to introduce professors to the use of podcasting in classrooms. One of the slides conveys the advantages of podcasting. The content of the
slide is as follows: ? Podcasting: The Advantages for Students in Higher Education ? Podcasting is revolutionizing higher education in many ways. a) Makes "anyplace, anytime" learning a reality b) Gives students portability in their busy lives c) Convenience of accessing resources on a mobile device d) Students can learn at their own pace in their own time at their own convenience. e) Learning through listening f) Accommodates rich content g) It is a useful learning tool. ? Required: ? Explain what needs to be done to make the slide content effective. Revise the content of the slide based on the effective guidelines for designing presentation visuals.