Progress and interim reports ________
A) discuss the day-to-day operations of a company
B) describe the status of continuing projects
C) provide conclusions based on the data provided
D) explain the benefits of a recommendation
B
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The difference between a department's gross profit and its direct operating expenses is known as the
a. departmental gross profit; b. departmental operating expenses; c. departmental operating income; d. departmental direct operating margin; e. departmental net income.
On May 1, Sellers Marketing Company received $1,500 from Franco Marcelli for a marketing campaign effective from May 1 of the current year to April 30 of the following year. The Cash receipt was recorded as unearned fees and at year-end on December 31, $1,000 of the fees had been earned. Assuming adjustments are only made at year-end, the adjusting entry on December 31 would be:
A. A debit to Fees Earned and a credit to Unearned Fees for $500. B. A debit to Unearned Fees and a credit to Cash for $500. C. A debit to Fees Earned and a credit to Cash for $500. D. A debit to Unearned Fees and a credit to Fees Earned for $1,000. E. A debit to Fees Earned and a credit to Cash for $1,000.
If a supplier ships goods a buyer has not requested and the buyer accepts them, the buyer is forming a contract by accepting the goods
Indicate whether the statement is true or false.
The maximal flow algorithm may end with capacity remaining at the source
Indicate whether this statement is true or false.