The journal entry to record allocation of manufacturing overhead to a particular job includes a ________

A) debit to the Finished Goods Inventory account and credit to the Manufacturing Overhead account
B) debit to the Work-in-Process Inventory account and credit to the Cash account
C) debit to the Manufacturing Overhead account and credit to the Finished Goods Inventory account
D) debit to the Work-in-Process Inventory account and credit to the Manufacturing Overhead account

D

Business

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If an employee does not return from medical leave, he or she may be charged by the employer for the health care premiums paid while on leave even if the failure to return is due to a continuation of a serious health condition.

a. true b. false

Business

Multilateral netting would enable an MNE with numerous subsidiaries to do which of the following?

A) consolidate intracorporate cash transfers and reduce transaction fees B) pool surplus funds in a centralized location for investment purposes C) transfer goods and services within the firm without paying host-country taxes D) channel funds from small subsidiaries to large ones without paying interest

Business