You want to play the piano and also read a good book. you think hard about how to allocate the next hour between playing the piano and reading. you decide to spend the first 15 minutes playing the piano and the remaining 45 minutes reading. your decision is an example of

a making an all or nothing choiceb making a choice at the marginc. making a choice such that the marginal cost exceeds the marginal benefitd. misallocating your time

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.