A merchandiser returned inventory worth $1,900 that was purchased on account. In a periodic inventory system, the journal entry to record the return would include ________.
A) a debit to Purchase Returns and Allowances for $1,900 and a credit to Accounts Payable for $1,900
B) a debit to Accounts Payable for $1,900 and a $1,900 credit to Purchase Returns and Allowances
C) a debit to Purchases for $1,900 and a credit to Accounts Payable for $1,900
D) a debit to Accounts Payable for $1,900 and a credit to Purchases for $1,900
B) a debit to Accounts Payable for $1,900 and a $1,900 credit to Purchase Returns and Allowances
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HR professionals rated ______ skills as the most valuable knowledge, skill, or ability for career success.
a. managerial b. technical c. interpersonal communication d. decision-making
Which of the following is true of globalization?
a. It expands economic freedom and increases the living standards of people. b. It relies on strong government regulations to keep down prices. c. It fails to offer access to advanced technology in less developed countries. d. It makes it easier for governments to abuse the freedom and property of their citizens.
A handbag retailer plans to sell $40,000 worth of handbags in January. Planned reductions are $2,000 . Planned inventory for January 1st is $70,000 and planned inventory for January 31st is $60,000
As of January 8th, the retailer has ordered $6,000 worth of handbags for January delivery. What is the open-to-buy for the rest of the month? a. $26,000 b. $32,000 c. $36,000 d. $52,000
______ models focus on the outcomes or consequences of a decision to determine whether the decision is ethical.
A. Consequential B. Cognitive C. Utilitarianism D. Consequences