A ________ usually has a long life span and typically deals with regularly recurring tasks.

A) task force
B) work group
C) committee
D) problem-solving team

Several organizations have an incentive that managers can give to their employees for outstanding singular effort not tied to any planned performance standard. What is such an incentive usually called?

A) a stock option
B) a spot bonus
C) merit pay
D) a differential piece rate

Which of the following describes the impact on the balance sheet of paying a current liability using cash?

A) Current assets will decrease.
B) Current liabilities will increase.
C) Stockholders' equity will decrease.
D) Total assets will remain the same.

Personal selling is ________ effective for products that are viewed as risky. (more/less)

A budget deficit occurs when government receipts exceed government spending.

Which statement is TRUE of an inferior good?

A) When income increases,demand remains unchanged.
B) When income increases,demand decreases.
C) When income increases,demand increases.
D) Income and demand are unrelated.

The operating expense recorded from uncollectible receivables can be called all of the following except​

A) ​Accounts Receivable
B) Bad Debt Expense
C) Doubtful Accounts Expense
D) ​Uncollectible Accounts Expense