Aubosh, a car manufacturing company, is in a contract with Bolivin Tires. Under this contract, Aubosh purchases tires from Bolivin Tires for all its mid-range cars. In this scenario, Aubosh buys _____ from Bolivin Tires.
A. the maintenance, repair, and operating products
B. installations
C. component parts and processed materials
D. accessory equipment
Answer: C
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On December 31, Winters Company received a $385 bill for the purchase of supplies in December that it will not pay for until January 15. Winters follows a policy of recording all prepaid expenses to asset accounts at the time of cash payment. The adjusting entry needed on December 31 to accrue this cost is:
A. Debit Accounts Payable $385; credit Cash $385. B. Debit Accounts Payable $385; credit Supplies $385. C. Debit Supplies Expense $385; credit Cash $385. D. Debit Supplies $385; credit Accounts Payable $385. E. Debit Supplies Expense $385; credit Supplies $385.
Andrew is in his first week on the job in the accounting department at XYZ Corporation. He graduated from college six months ago, with a degree in accounting. Before getting his current position, he had been working as a waiter in a restaurant to earn money, while he searched for a position in accounting. According to the path-goal approach, the most appropriate leader style to use would be ______.
a. directive b. supportive c. participative d. achievement-oriented
The sharing of data in real time to manage the flow of goods and services between suppliers and customers is referred to as _______.
a. information visibility b. information transparency c. information discrepancy d. information shaping
Flexo Trucking Company transports hazardous waste. Garn is a Flexo driver, whom the company knows drives longer hours than federal regulations permit. One night, Garn exceeds the limit and has an accident. Spilled chemicals contaminate Hill City's water source, forcing the residents to move away. Flexo acted unethically because? A)?Flexo showed reckless disregard for Hill City's residents
and others. B)?Garn exceeded the federal time limit. C)harm was caused by an unfortunate accident.? D)?Hill City should have better protected its water source.