【单选题】A business has assembled the following data pertaining to certain costs that cannot be easily identified either as fixed or variable. The business has heard about a method of measuring cost functions ...
【简答题】Match the forms of business organizations in column A with the characteristics in column B. Write correct letters on the line. Column A Column B Sole proprietorship a. The business is owned by only on...
【简答题】In which book of prime entry will a business record credit notes received in respect of goods
which the business has sent back to its suppliers?A. The sales returns day book B. The cash book C. The pu...
【单选题】You have possession of Auto repair business. For the month of June, 1997, the business charged its customers $4000 and used supplies, equipment and labor for a total of $3000. The business has: ( ...
A.
suffered a loss of $1000 for the month of June
B.
earned a profit of $1000 for the month of June
C.
acquired a liability of $1000 during the month of June
D.
acquired an asset of $1000 during the month of June