The eight criteria that Peter Vaill identified for examining systems include all the following EXCEPT _____

a. doing work with the assistance of other subsystems
b. performing excellently against an external standard
c. fulfill the ideals for the culture within which they exist
d. perform with fewer resources than is assumed is needed to do the job
e. perform excellently at the level of potential

a

Business

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Prepare the journal entry to record the acquisition of a plant asset for $5,000 cash

What will be an ideal response

Business

A company reports net accounts receivable of $152,000 on its December 31, 2017 balance sheet. The Allowance for Bad Debts has a credit balance of $16,000. What is the balance of Accounts Receivable?

A) $157,000 B) $152,000 C) $168,000 D) $136,000

Business