Which best describes the difference between a checking statement and a checking agreement?
a. A statement shows you all of the deposits and withdrawals from your account, and an
O agreement shows you the terms of the account, such as fee structure and minimum
requirements
b. A statement shows you the terms of the account, such as fee structure and minimum
requirements, and an agreement shows you all of the deposits and withdrawals from
your account
c. A statement can be downloaded from your online banking account, while an
agreement must be obtained in person at a bank branch
d. A statement must be obtained in person at a bank branch, while an agreement can be
downloaded from your online banking account

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000