Prepaid insurance is reported on the balance sheet as a

A) current asset
B) fixed asset
C) current liability
D) long-term liability

On November 27 the board of directors of Beth Company declared a $.60 per share dividend. The dividend is payable to shareholders of record on December 7 on December 24. Beth has 25500 shares of $1 par common stock outstanding at November 27. Journalize the entries needed on the declaration and payment dates.

If the functional currency of the foreign operation is the same as the parent's functional currency, which of the following statements is correct?

A) The foreign operation's financial statements are translated using the functional currency translation (FCT) method.
B) The foreign operation's financial statements are translated using the presentation currency translation (PCT) method.
C) The foreign operation is classified as a foreign affiliate.
D) The investment in the foreign operation is classified as a non-monetary asset.

_____ refer to the ability of an individual to think in abstract terms and to see how parts fit together to form the whole.

A) Technical skills
B) Perceptual skills
C) Conceptual skills
D) Social skills
E) Human relations skills

In which of the following situations would a reader benefit need a lot of detail?

A) When the reader will be easy to convince
B) When the reader may not have thought of the benefit before
C) When the benefit is known to the reader
D) When the benefit does not change in the long run

As organizations begin to shift more marketing dollars from traditional advertising to social media marketing,managers will seek out comparisons on metrics such as ROI (Return On Investment) between social media and other media options.Which of the following is necessary to make these comparisons?

A) Surveying consumer attitudes.
B) Measuring outcomes.
C) Refreshing site content regularly.
D) Focus on short term goals.
E) None of these.