A corporation is a(n) ________ corporation in states in which it conducts business but is not incorporated.

A) public
B) foreign
C) multinational
D) intrastate
E) domestic

When a team has decided that a task or function currently performed by company employees is a core competency,the team will probably recommend:

A) outsourcing.
B) insourcing.
C) offshoring.
D) continuing to make.
E) continuing to buy.

A transaction that involves more than one credit or more than one debit is called a compound entry.

The Brown Company changed its method of determining inventories from LIFO to FIFO.This change represents a

A) change in accounting estimate that should be treated prospectively
B) change in accounting principle that should be treated prospectively
C) change in accounting estimate for which the financial results of previous years are restated
D) change in accounting principle for which the financial statements of prior periods included for comparative purposes are restated

In Canada, under what circumstances will the owner of property be held strictly liable for his conduct?

Relative to the GLOBE leadership styles, ____ leaders are administratively competent team builders who diplomatically emphasize common purposes and goals.

A) self-protective
B) humane-oriented
C) participative
D) charismatic
E) team-oriented