Stancil Enterprises prepaid four months of office rent totaling $9,000 on October 1, 2017. Assuming Stancil records deferred expenses using the alternative treatment, what would be the adjusting entry recorded on December 31, 2017?
A) Debit Rent Expense and credit Prepaid Rent for $6,750
B) No entry is needed since Rent Expense was recorded on October 1, 2017
C) Debit Prepaid Rent and credit Rent Expense for $2,250
D) Debit Prepaid Rent and credit Rent Expense for $27,000
C
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Bakari is preparing his research study to determine how people evaluate their interactions with others. Which of the following pairs of theories would he find to be the MOST helpful to include as bases for his research?
A. expectancy violations theory and social exchange theory B. face-negotiation theory and social comparison theory C. uses and gratifications theory and expectancy violations theory D. uncertainty reduction theory and uses and gratifications theory
Which of the following is a responsibility that is common to the managers of cost, profit, and investment centers?
A) generating revenues B) generating profits C) managing the invested capital D) controlling costs
Answer the following statements true (T) or false (F)
1. Order effects research indicates that the sequence in which information is presented can influence subsequent judgments based on that information. 2. The ease of recalling information, but not the difficulty, affects how well people remember the information. 3. Managers may have multiple perceptual biases operating at the same time. 4. It is impossible to improve decision-making by training.
Delivery of a product or service to a customer is a function of the Marketing component
Indicate whether the statement is true or false