Consumer’s risk can result in what type of error?
a. Type-I error
b. Type-II error
c. Type-III error
d. Type-0 error
b. Type-II error
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Which of the following is not considered a business (source) document?
a. Time card b. Purchase order c. Sales invoice d. Schedule listing all the insurance policies in force
Barb, the newly elected president of Lambda Pi Eta, is shocked by the low attendance at weekly meetings. At the next meeting, she decides to tell everyone exactly how she feels by letting the members know she is angry and they are wasting their time. This is an example of which message design logic?
a. rhetorical b. conventional c. emotional d. expressive
Use the following information to answer the following questions. The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 FICA taxes withheld 550 Income taxes withheld 2,500 Medical insurance deductions 450 Federal Unemployment Taxes 32 State Unemployment Taxes 216 The journal entry to record the monthly payroll on April 30 would include
a A) credit to Salaries Payable for $8,500. B) debit to Salaries Expense for $8,500. C) debit to Salaries Payable for $8,500. D) debit to Salaries Payable for $8,252.
Van Buren Corporation issued 5,000 shares of $6 par common stock for $24 per share. For this transaction, Common Stock should be credited (increased) for $120,000.
Answer the following statement true (T) or false (F)