Which of the following statements is true?
A. Companies with large amounts of uncollectible accounts normally use the direct-write off method to account for uncollectible accounts expense.
B. The primary advantage of using the direct write-off method of recognizing the uncollectible accounts expense is simplicity.
C. Only banks are permitted to use the direct write-off method.
D. The direct write-off method is used to assure the matching of expenses with revenue.

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation