In a small business, because it is often cost-prohibitive to hire extra employees, the lack of certain separations of duties can best be overcome by
a. hiring only honest employees.
b. bonding the employees.
c. holding one person responsible for a given set of transactions.
d. getting the owner actively involved.
D
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Answer the following statements true (T) or false (F)
1.When transportation costs are added to our trade model, the degree of specialization in production between two countries increases, as do the gains from trade. 2.In the absence of transportation costs, free trade results in the equalization of the prices of traded goods, as well as resource prices, in the trading nations. 3.In industries where the final product is much less weighty or bulky than the materials from which it is made, firms tend to locate production near resource supplies. 4.Industrial processes that add weight or bulk to a commodity are likely to be located near the resource market to minimize transportation costs. 5.A product will be traded only if the cost of transporting it between nations is less than the pretrade difference between their relative product prices.
Identify three reasons social media are rarely the only source of communications for a brand
What will be an ideal response?
A scale for measuring attitudes that consists of a single adjective in the middle of an even-numbered range of values is called a Stapel scale
Indicate whether the statement is true or false
Review the transactions below and identify with an "X" those that would be posted as a credit in the ledger (The first one has been done for you):__X_1. Salary Payable was increased.____ 2. Cash was decreased____ 3. Equipment was increased____ 4. Common Stock was increased____ 5. Salaries Expense was increased____ 6. Accounts Receivable was decreased____ 7. Unearned Revenue was increased____ 8. Dividends was increased____ 9. Supplies was increased____ 10. Building was increased____ 11. Utilities Expense was increased____ 12. Service Revenue was increased
What will be an ideal response?