Which of the following is an example of a consignment?
A) A sells 10 sacks of wheat to B at the market price.
B) A delivers a motorcycle to B for servicing.
C) A sends a shipment of farm produce to B for sale.
D) A sends one ton of wheat to B's warehouse for storage.
C
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Teaching lower-level employees how to perform their present jobs is referred to as
A. performance counseling. B. performance appraisal. C. workplace education. D. development. E. training.
Which of the following statements is true of external auditing?
a. Major focus areas are processes, including risks, controls, and effectiveness and efficiency of processes. b. External auditors perform both assurance and consulting services for public companies. c. Primary scope of services performed includes audits of financial statements. d. The primary client for a public company is upper management.
On January 1 of the current year, Jimmy's Sandwich Company reported total stockholders' equity of $122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. Also, during the current year the company paid $20,000 in dividends. No other changes in equity occurred during the year. The change in total equity during the year was:
A. A decrease of $30,500. B. An increase of $73,500. C. An increase of $30,500. D. An increase of $9,500. E. A decrease of $9,500.
A __________ occurs when a person has learned a job too well and is bored with day-to-day activities.
A. life plateau B. content plateau C. structural plateau D. sabbatical plateau