Fertile soil
Explanation: Physical capital consists of tangible, man-made objects that a company buys or invests in and uses to produce goods. Since fertile soil is not a man made object, hence it cannot be a physical capital.
Which of the following would not be considered physical capital? Multiple Choice O A factory Fertile...
Which of the following would not be considered a product cost? Multiple Choice Direct material costs. Factory supervisor's salary. Direct labor costs. Budget accountant's salary. Manufacturing overhead costs.
Which of the following is considered a "contra" account? Multiple Choice O Deferred Revenue. O Goodwill. O Accumulated Depreciation. O Cost of Goods Sold.
Which of the following would be considered a discretionary fixed cost? Multiple Choice Rent on the building. Insurance on the building. Depreciation on the building. Maintenance on the building.
Which of the following is most likely to be considered an analytical procedure? Multiple Choice О O Testing purchases at year-end to determine they were recorded in the proper period. Comparing inventory balances to recent sales activities, Selecting a sample of year-end receivables for confirmation. Reconciling physical counts of inventory to perpetual records.
Which of the following would not by itself be considered personally identifying information? Multiple Choice Social Security Number. Passport number. Date of birth. Driver’s License ID.
of the following, which typically would not be classified as a current liability? Multiple Choice o A six-month bank loan to be paid with the proceeds from the sale of common stock. . Rent revenue received in advance. 0 0 A long-term noté payable maturing within the coming year. 0 Estimated liability from cash rebate program Google Chrome
A phenomenon called Moore's law says: Multiple Choice O physical capital will double every two years in countries with high rates of growth. O 70 divided by the growth rate equals how long it will take a country to double its productive capacity. O computing capacity has doubled every two years. O divided by the growth rate equals how long it will take a country to double its income level.
Which of the following would be considered human capital? a. the financial capital a person earns over a lifetime of investing b. the machinery a worker uses to produce a product c. the training a worker receives when starting a new job d. the break room in a factory where employees go to have coffee
Which of the following would be considered human capital? a. the financial capital a person earns over a lifetime of investing b. the machinery a worker uses to produce a product c. the training a worker receives when starting a new job d. the break room in a factory where employees go to have coffee
Which of the following would not be considered a revenue recognition abuse? Multiple Choice Recording goods on layaway for a customer as a final sale. Recording revenue on a large shipment to a customer whose ability to pay is not reasonably assured. Recording goods on consignment as part of inventory when there is a right of return. Recording revenue on goods ready for delivery to the customers, segregated in the company warehouse without a bill-and-hold arrangement in the contract.