Sam Jones works at Seeker, Inc Sam's duties include identifying where materials can be obtained most economically, placing orders and verifying invoices and approving them for payment. Sam is a(n):
a. receiving clerk.
b. accounts payable clerk.
c. purchasing agent.
d. production supervisor.
c
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Under international accounting standards, cash received from interest (associated with interest revenue) can be shown on the statement of cash flows as an
a. operating activity only. b. operating or financing activity. c. operating or investing activity. d. investing or financing activity.
Gross profit is equal to:
A) sales plus (sales discounts and sales returns and allowances) plus cost of merchandise sold B) sales plus sales returns and allowances less sales discounts less cost of merchandise sold C) sales plus sales discounts less sales returns and allowances less cost of merchandise sold D) sales less (sales discounts and sales returns and allowances) less cost of merchandise sold
Describe the Internet's role as a source of industry data
What will be an ideal response?
The Assembly Department of Fallon, Inc, manufacturer of computers, had 4,500 units of beginning inventory in September, and 8,000 units were transferred to it from the Production Department
The Assembly Department completed 4,000 units during the month and transferred them to the Packaging Department. Calculate the total number of units to account for by the Assembly Department. A) 3,500 units B) 8,000 units C) 4,500 units D) 12,500 units