Fill in the missing income statement amounts in the spaces below:
Company 1 Company 2 Company 3
Revenues 920 2. ________ 2,750
Expenses 380 775 2,980
Net income (Net loss) 1. _________ 300 3. __________
(
Q. 2) A(n) _____________________________
_ is program code that can attach itself to other programs or macros thereby infecting those programs and macros.
Fill in the blank(s) with correct word
(
Q. 3) The payroll register for the week ended February 14 for Luxury Homes Construction Company indicates gross earnings of 4,000 and total deductions of 1,200 . The entry for the Wages and Salaries Expense ending February 14 would be a
a. 1,200 debit.
b. 2,800 credit.
c. 4,000 debit.
d. 5,200 debit.
(
Q. 4) The inventory method that assigns the most recent costs to cost of merchandise sold is
a. FIFO
b. LIFO
c. weighted average
d. specific identification
(
Q. 5) The bookkeeper was unable to reconcile the company's checking account, so she changed the company's books to agree with the cash balance on the bank statement. This is an internal control ________.
A) strength
B) weakness
C) principle
D) suggestion
(
Q. 6) _____________________________
_ is software designed specifically to damage or disrupt computer systems.
Fill in the blank(s) with correct word