A company pays $12,000 to purchase a one-year insurance policy. Record the transaction.
What will be an ideal response?
| Prepaid Insurance | 12,000 | ? |
| Cash | ? | 12,000 |
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The normal capacity of Noel Company is 4,00 . units per month. At this volume, budgeted fixed and variable factory overhead are $16,00 . and $20,000 . respectively. In May, actual production was 4,200 units and actual overhead incurred was $37,900. What was the amount of factory overhead allowed for the actual level of production in May?
a. $36,000 b. $36,800 c. $37,000 d. $37,800
In the context of using information technology in the business-to-consumer market, identify a true statement about opt-in emails.
A. They are unsolicited commercial emails. B. Theyare messages that a receiver has explicitly chosen to receive. C. They are spam that facilitate pharming. D. They are used by hackers to break into a computer system.
VideoGamer sells several video games that show acts of decapitation, murder and violence. Discuss the ethical issues in their sale
When an Accounts Payable department improves their information system resulting in faster payments to vendors, without the Accounts Receivable Department doing the same, leading to a cash flow crunch, what can we say happened in decision-theoretic
terms? A) optimization B) profit minimization C) suboptimization D) cash flow problems