The ____ involves comparing the actual results with those predicted by the project's sponsors and explaining why any differences occur

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $7,000 and paid $800 for the freight-in. The company sold the whole lot to a supermarket chain for $14,000 on account

Which of the following entries correctly records the sale? A) Accounts Receivable 14,000 Sales Revenue 14,000 Cost of Goods Sold 7,800 Merchandise Inventory 7,800 B) Merchandise Inventory 14,000 Cost of Goods Sold 14,000 C) Cost of Goods Sold 14,000 Sales Revenue 14,000 D) Accounts Receivable 14,000 Sales Revenue 14,000 Cost of Goods Sold 7,000 Merchandise Inventory 7,000

A married couple bought property together in a residential community. They took title so that if either one died the survivor would automatically become a sole owner of the property. They took title as:

A. Tenants in severalty. B. Tenants in common. C. Joint tenants. D. Community property.