All communication should be consistent in fact, treatment, and _____
Fill in the blank(s) with correct word
sequence
All communication should be consistent in fact, treatment, and sequence. Consistency in
sequence refers to the arrangement of listings, such as alphabetical, chronological, or
numerical.
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Describe assertive salespeople.
What will be an ideal response?
Due to the European Commission's regulation, McDonald's can only give away soft plastic toys with its Happy Meals in Europe
Indicate whether the statement is true or false
On November 12, Higgins, Inc., a U.S. Company, sold merchandise on credit to Kagome of Japan at a price of 1,500,000 yen. The exchange rate was $0.00837 per yen on the date of sale. On December 31, when Higgins prepared its financial statements, the exchange rate was $0.00843. Kagome paid in full on January 12, when the exchange rate was $0.00861. On December 31, Higgins should prepare the following journal entry:
A. No journal entry is required until the amount is collected. B. Debit Accounts Receivable-Kagome $90; credit Foreign Exchange Gain $90. C. Debit Foreign Exchange Loss $90; credit Sales $90. D. Debit Sales $90; credit Foreign Exchange Gain $90. E. Debit Foreign Exchange Loss $90; Accounts Receivable-Kagome $90.
Maria's Custom Tailoring is very labor intensive. Therefore, Maria has decided to use direct labor hours as the cost driver for assigning overhead costs to specific jobs. During the month of February, the company incurred overhead costs of $4,800. Total direct labor hours during the month totaled 1,200. Out of a total of 45 different jobs worked on during the month, Job #115 required 16 direct
labor hours to complete and Job #195 required 15 direct labor hours. The total amount of overhead allocated to these two jobs is: A) $124.00 B) $187.50 C) $137.50 D) $ 31.00