Examlex

Solved

The Following Are from Forman's Comparative Balance Sheet and 2017

question 75

Multiple Choice

The following are from Forman's comparative balance sheet and 2017 income statement:
 December 31,2017  January 1, 2017  Accounts receivable $22,000$19,000 Unearned revenue 3,0004,000 Salaries payable 8,0005,000 Sales revenue 154,000 Salaries expense 88,000\begin{array} { | l | r | r | } \hline & \text { December 31,2017 } & \text { January 1, 2017 } \\\hline \text { Accounts receivable } &\$ 2 2 , 0 0 0 & \$ 19 , 0 0 0 \\\text { Unearned revenue } &3 , 0 0 0 & 4,000 \\\text { Salaries payable } & 8 , 0 0 0 &5 , 0 0 0\\\text { Sales revenue } & 154,000 & \\\text { Salaries expense } &8 8 , 0 0 0 &\end{array}
Determine the amount of cash that Forman collected from customers during 2017.

Identify and apply appropriate data collection and sampling techniques in research.
Comprehend the role and selection criteria of instruments in research methodology.
Distinguish between different types of statistical methods and their purposes in data analysis.
Analyze and interpret findings from various research methods to suggest implications or future research directions.

Definitions:

Commission on Accreditation of Allied Health Education Programs

An organization that accredits postsecondary education programs in allied health professions in the United States.

Certification

The attainment of board approval and credentialing in a specialty.

Credentialing

The process of establishing the qualifications and background of licensed professionals to ensure their capability to provide services.

Professional Standards

Established guidelines or criteria defining the ethical and technical requirements for professionals in a given field or industry.

Related Questions