Which of the following is an example of an accrual?
a. Debit Office Supplies Expense, credit Office Supplies
b. Debit Wages Expense, credit Wages Payable
c. Debit Rent Expense, credit Prepaid Rent
d. Debit Unearned Revenue, credit Revenue from Services
B
Business
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An efficiency variance measures how well a company keeps unit costs of material and labor inputs within standards
Indicate whether the statement is true or false
Business
Which of the following is not true about the use of apps?
A) The average U.S. consumer spends over two hours a day using apps. B) Users still spend less time using apps than they do using desktops or mobile Web sites. C) Apps are easier to control and monetize than Web sites. D) Around 280 million people worldwide launch a smartphone app more than 60 times a day.
Business