In comparison with the single proprietorship form of organization, the partnership form offers which of the following advantages?
a. simple transfer of interest in the partnership to outsiders
b. combination of ability and experience of the partners
c. legal liability of each partner for all the debts of the partnership
d. limited life
b
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A petty cash fund was established with a $250 balance. It currently has cash of $38 and petty cash tickets totaling $212 for travel expense. Prepare the journal entry to record the replenishment of the fund. Omit explanation.
What will be an ideal response?
Demographics characteristics that describe a population include all of the following EXCEPT:
A. age. B. zip code. C. occupation. D. income. E. ethnicity.
Corrective Email To Staff Analyze the following email message for content, formatting, and email practices. Revise the message. To: Staff Subject: Changes It has come to my attention that some of you apparently do not have enough work to keep yourselves
busy. In the past six months, since I assumed the position as your boss, I have observed many of you playing computer games, making personal phone calls, and spending far too much time in personal conversations with each other. We have far too much work in this department for all of you to waste time like this. Effective immediately, the following changes will be enforced: (a) No personal use of the computer will be tolerated. (b) No personal phone calls should be made except in case of emergency. (c) Conversations must be limited to break time and lunchtime, in the lunchroom only. I expect your cooperation. Thank you. Just a final reminder that we will have a staff meeting tomorrow at 3 p.m.
The results of the Continental Vending Corporation case did not result in the criminal prosecution of auditors for gross negligence.
Answer the following statement true (T) or false (F)