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NEW QUESTION: 1
Which of the following is not a current liability?
A. Unearned Revenue
B. Wages Payable
C. Notes Payable
D. Allowance for Uncollectible Accounts
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Allowance for Uncollectible Accounts is a contra account to Accounts Receivable, both of which are reported in the current asset section of the balance sheet.
NEW QUESTION: 2
F. Scott Fitzgerald was a prominent American writer of the twentieth century. This passage comes from
one of his short stories and tells the story of a young John Unger leaving home for boarding school. John
T. Unger came from a family that had been well known in Hades a small town on the Mississippi River for
several generations. John's father had held the amateur golf championship through many a heated
contest; Mrs. Unger was known "from hot-box to hot-bed," as the local phrase went, for her political
addresses; and young John T. Unger, who had just turned sixteen, had danced all the latest dances from
New York before he put on long trousers. And now, for a certain time, he was to be away from home
That respect for a New England education which is the bane of all provincial places, which drains them
yearly of their most promising young men, had seized upon his parents. Nothing would suit them but that
he should go to St. Midas's School near Boston-Hades was too small to hold their darling and gifted son.
Now in Hades-as you know if you ever have been there the names of the more fashionable preparatory
schools and colleges mean very little. The inhabitants have been so long out of the world that, though
they make a show of keeping up-to-date in dress and manners and literature, they depend to a great
extent on hearsay, and a function that in Hades would be considered elaborate would doubtless be hailed
by a Chicago beef-princess as "perhaps a little tacky."
John T. Unger was on the eve of departure. Mrs. Unger, with maternal fatuity, packed his trunks full of
linen suits and electric fans, and Mr. Unger presented his son with an asbestos pocket-book stuffed with
money. "Remember, you are always welcome here," he said. "You can be sure, boy, that we'll keep the
home fires burning." "I know," answered John huskily.
"Don't forget who you are and where you come from," continued his father proudly, "and you can do
nothing to harm you. You are an Unger-from Hades."
So the old man and the young shook hands, and John walked away with tears streaming from his eyes.
Ten minutes later he had passed outside the city limits and he stopped to glance back for the last time.
Over the gates the old-fashioned Victorian motto seemed strangely attractive to him. His father had tried
time and time again to have it changed to something with a little more push and verve about it, such as
"Hades-Your Opportunity," or else a plain "Welcome" sign set over a hearty handshake pricked out in
electric lights. The old motto was a little depressing, Mr. Unger had thought-but now.
So John took his look and then set his face resolutely toward his destination. And, as he turned away, the
lights of Hades against the sky seemed full of a warm and passionate beauty.
The tone of sentence "their darling and gifted son" can best be described as
A. sincere.
B. dismayed.
C. understated.
D. compassionate.
E. sardonic.
Answer: E
Explanation:
The author is poking a bit of fun at the Ungers, so eliminate (A), (B), and (E). His tone is more playful than
downtrodden, so the answer is (C).
NEW QUESTION: 3
You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)
A. To the current compensation plan and HR system
B. Only within the current compensation plan and the current cycle
C. Only within the current compensation plan and all cycles associated with it
D. To the current compensation plan and the Performance Management system
Answer: C
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