Answers

DC

Answered

In a functional structure, the functions become formalized not only on the organization chart, but also in the mind-sets of people.

On Jul 23, 2024


True
DC

Answered

Which of the following is a principal generally required to pay for?

A) Undertakings that she did not request
B) Services to which she did not consent
C) A gratuitous agent
D) Services performed by an agent which are generally compensated but for which the amount of compensation is not expressly stated

On Jun 29, 2024


D
DC

Answered

If a firm faces an upsloping labor supply curve (and there is no union or minimum wage) ,its:

A) MRC curve is also upsloping.
B) MRC curve is perfectly elastic.
C) MRP curve is perfectly inelastic.
D) MRP curve is also upsloping.

On Jun 14, 2024


A
DC

Answered

An example of an adjusting entry for a prepaid item using the QBO journal is:

A)  Debit  Credit  Insurance Expense $1,000 Prepaid Insurance $1,000\begin{array} { l c c } &\text { Debit } & \text { Credit } \\\text { Insurance Expense } &\$ 1,000\\\text { Prepaid Insurance } & &\$ 1,000 & \\\end{array} Insurance Expense  Prepaid Insurance  Debit $1,000 Credit $1,000
B)  Debit  Credit  Prepaid Insurance$1,000 Insurance Expense $1,000\begin{array} { l c c } &\text { Debit } & \text { Credit } \\\text { Prepaid Insurance} &\$ 1,000\\\text { Insurance Expense } & &\$ 1,000 & \\\end{array} Prepaid Insurance Insurance Expense  Debit $1,000 Credit $1,000
C)  Debit  Credit  Insurance Expense$1,000 Insurance Payable$1,000\begin{array} { l c c } &\text { Debit } & \text { Credit } \\\text { Insurance Expense} &\$ 1,000\\\text { Insurance Payable} & &\$ 1,000 & \\\end{array} Insurance Expense Insurance Payable Debit $1,000 Credit $1,000
D)  Debit  Credit  Insurance Payable$1,000 Insurance Expense $1,000\begin{array} { l c c } &\text { Debit } & \text { Credit } \\\text { Insurance Payable} &\$ 1,000\\\text { Insurance Expense } & &\$ 1,000 & \\\end{array} Insurance Payable Insurance Expense  Debit $1,000 Credit $1,000

On May 30, 2024


A
DC

Answered

Which of the following is an example of a sentence in which one idea is subordinated to the other?

A) My wedding ring is worth a million dollars and I guard it with my life.
B) My wedding ring is worth a million dollars and I wear it rarely.
C) My wedding ring is worth a million dollars.
D) My wedding ring, which is worth a million dollars, is a guarded jewel.
E) My wedding ring is rarely worn by me.

On May 03, 2024


D
DC

Answered

In the Managing Ethics feature "J.M. Smucker & Co.", the company does all of following EXCEPT:

A) relies on an integrated HRM system to ensure ethical conduct
B) asks specifically about an applicant's ethical conduct during reference checks
C) outsources its ethical training to avoid insularity and inbreeding of values
D) actually has employees sign a nine-page ethics contract
E) All of the above are actions the firm takes

On Apr 30, 2024


C