401(k) and 403(b) plans are examples of ________ plans

While establishing quota levels is not an exact science, a sales manager's objective in setting quotas should include all of the following except:

a. providing a challenging goal. b. allowing only high achievers the opportunity to accomplish quota goals. c. ensuring that quotas are realistic and attainable. d. having significant rewards for those who obtain their quota.

Johnson Company neglected to accrue interest expense of $2,000 on its year-end trial balance. This results in a(n) ________

A) overstatement of net income B) overstatement of assets C) overstatement of liabilities D) understatement of shareholders' equity