Give the suitable concept for "How will government's money be spent

The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $9,600 and $11,600 and for work in process were $21,600 and $23,600.

If a similar business exists, a person should not consider creating one. True False

As Riley Jones, manager of Dillards, hands out customer questionnaires to get a better idea of customers' needs as well as their concerns, she is exercising which facet of total quality management (TQM) ?

A company has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 6% of outstanding receivables are uncollectible.

The information below pertains to Barkley Company for 2015. Net income for the year $1,160,000 7% convertible bonds issued at par ($1,000 per bond);

Stuart Weddle's father is 55 years old and wants to set up a cash flow stream that would be forever. He would like to receive $15,000 every year, beginning at the end of this year.

A year ago, you deposited $30,000 into a retirement savings account at a fixed rate of 5.5 percent. Today, you could earn a fixed rate of 6.5 percent on a similar type account. However, your rate is fixed and cannot be adjusted.

When banks spend (or loan) money, the money supply increases and when interest / loan payments are received, the money supply declines ... True false

On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements.

Company X had a net income of $25,000 for the year ended December 31, 2016. In 2016, Company X paid the out dividends of $10,000. At the end of 2016, Company X had a retained earnings balance of $60,000.