Unearned Revenue is increased with a:
a. Debit
b. Credit
c. Both debit and credit
d. Neither debit nor credit
Ans: b. Credit
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A ____ culture and a _____ level of expected interaction would require the longest and more rigorous amount of cross-cultural training.
A. Similar, low B. Similar, high C. Novel, high D. Novel, low
Which of the following statements about a flexible budget is correct?
a. A flexible budget uses realized (actual) prices along with all other original (simple) budget assumptions. b. A flexible budget uses realized (actual) labor costs along with all other original (simple) budget assumptions. c. A flexible budget uses realized (actual) supplies costs along with all other original (simple) budget assumptions. d. A flexible budget uses realized (actual) facilities costs along with all other original (simple) budget assumptions. e. A flexible budget uses realized (actual) volume along with all other original (simple) budget assumptions.