The quick acid test ratio contains all of the following except:
a. cash
b. accounts receivable
c. marketable securities
d. prepaid assets
D
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The Merchandise Inventory account balance is $52,000. A physical count of inventory reveals that the actual inventory balance is $41,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.)
A) a $41,000 credit to Merchandise Inventory B) a $52,000 debit to Cost of Goods Sold C) a $11,000 credit to Cost of Goods Sold D) a $11,000 credit to Merchandise Inventory
Overhead can be traced to products once the products are completed
Indicate whether the statement is true or false
A study by Duke University researchers who examined the records of nearly 12,000 university employees found that obese employees experienced medical costs that were more than __________ times higher than those of non-obese workers.
A. two B. three C. four D. five
Which of the following statements is true of the Pregnancy Discrimination Act of 1979?
A. It was passed in part to remedy weaknesses in the Family and Medical Leave Act. B. It denies the exemptions provided to women under the Wagner Act of 1935. C. It established a commission to investigate practices that limited the access of women to the top levels of management in organizations. D. It specifies that a woman cannot be refused a job or promotion or fired simply because she has had an abortion.