A firm that violates the antitrust laws could be required to break up into several independent companies
a. True
b. False
Indicate whether the statement is true or false
True
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In the general needs description of the buying process, the buyer describes the characteristics and quantity of the needed item
Indicate whether the statement is true or false
Which of the following is a basic factor to consider in sales call allocation?
A. Personality style of customers B. Nonselling time C. Revenue projections for the year D. Structure of sales presentation E. Cost of goods sold
Assume a corporation receives subscriptions for 8,000 of its $4 par common stock for $50,000 . After the final cash payment has been received for the subscription, what is the final journal entry?
a. Common stock subscriptions receivable is debited $32,000, accounts receivable is debited $18,000 and common stock subscribed is credited $50,000. b. Common Stock Subscribed is debited $32,000, Paid-in Capital in Excess of Par-Common Stock is debited $18,000 and Common Stock Subscriptions Receivable is credited $50,000. c. Common stock is credited $32,000 and common stock subscribed is debited $32,000. d. Common stock subscribed is debited $32,000, revenue is debited $18,000 and common stock subscriptions receivable is credited $50,000. e. Common Stock Subscribed is debited $32,000 and Common Stock is credited $32,000.
Bohari is a student at Louisiana State University. He has just completed a Principles of Management course and received his final class grade. His professor seemed to make an error and gave him a final class grade of an “A” even though his actual grade should have been a “C”. Bohari is trying to decide whether or not to let the professor know about this error. On the one hand, he needs the “A” to improve his overall GPA. However, he knows that he did not earn that “A” and it might be the right thing to tell his professor. This is an example of a/an
a. Ethical dilemma b. Reverse psychology c. Corporate social responsibility d. Maslow’s decision making hierarchy