The first step in finding a job is a thorough, honest assessment of how much money you need to make to support your life style
Indicate whether the statement is true or false
F
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Karl Company accrued wages of $7,350 that were earned by employees unpaid at the year-end. Assuming Karl uses reversing entries, which of the following entries correctly reverses the accrued wages at the beginning of the following year?
A. Debit Cash $7,350; credit Wages Expense $7,350. B. Debit Wages Expense $7,350; credit Wages Payable $7,350. C. Debit Wages Payable $7,350; credit Cash $7,350. D. Debit Wages Expense $7,350; credit Cash $7,350. E. Debit Wages Payable $7,350; credit Wages Expense $7,350.
The two spectrums that define a social enterprise are philanthropic and ______.
A. hybrid B. charitable C. commercial D. foundational
If the cash balance shown in a company's accounting records is less than the correct cash balance, and neither the company nor the bank has made any errors, there must be
a. outstanding checks. b. deposits in transit. c. deposits credited by the bank but not yet recorded by the company. d. bank charges not yet recorded by the company.
Marquise Jewelers is a national chain of value jewelry stores with locations throughout North America. "Luxury service at affordable prices" is the crux of Marquise's business model, and executive management is always looking for ways to ensure that the high standards in this area are maintained. Recently, several of their stores in New England have had an uptick in customer service complaints, and they received an average Yelp rating of three stars, down from four stars during the last financial year. Marlee, the regional manager for New England, meets with Deray and Kiki, local store managers, and Tarquin, the top salesperson in their area, to discuss strategies for improving their customer service rating. Each employee writes down several goals. Given what you know about management by
objectives, which one of these goals do you consider the best option? A) within the next six months, reduce the rate of customer service complaints by half B) make sure sales staff provide customer service that goes above and beyond C) by month's end, implement a checklist of ten goals for each customer interaction D) implement a mystery shopper program, which will file periodic reports with management E) have sales staff follow up with every customer personally by phone or email