The telephone bill for the current period is received and recorded, but payment will be made later. What effect does this transaction have on the accounting equation?

A) Assets and liabilities increase
B) Assets and contributed capital increase
C) Liabilities increase and retained earnings decrease
D) Assets and liabilities decrease


C

Business

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The planning stage involves

A. determining appropriate automation methods. B. ensuring the availability of the right number and types of people. C. determining the pay scales of employees. D. training of hired individuals. E. evaluating the results of implemented programs.

Business

The risk that interest rates will decline, and that decline will lead to a decline in the income provided by a bond portfolio as interest and maturity payments are reinvested, is called "reinvestment rate risk."

Answer the following statement true (T) or false (F)

Business

A recent study found that more creative people tend to be less ethical. Why is this so?? A)?Creative people are better at rationalizing their bad behavior

B)Creative people don't care about profitability. C)?Creative people are capable of coming up with more ways to be unethical. D)Creative people are not loyal to the organization.

Business

The price-earnings ratio is determined by dividing market price per share of stock by the earnings per share.

Answer the following statement true (T) or false (F)

Business