A business's source documents:
A. Provide objective evidence that a transaction has taken place.
B. Must be in electronic form.
C. Are records of all increases and decreases in specific asset.
D. Include the chart of accounts.
E. Include the ledger.
Answer: A
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In a short essay, discuss the differences between a management decision problem and a marketing research problem
What will be an ideal response?
An example of a process where all of the materials would be added at the beginning of the process would be:
a. A bakery where the ingredients for bread are combined and left to rise. b. The second process of a snack factory where snack chips coming from the frying process are cooled and dried for an hour, then bagged. c. A baker where the wet ingredients for a cake are added one-at-a-time after the dry ingredients have been thoroughly blended. d. None of the above.
Which of the following is not true regarding firms use of net assets (assets minus liabilities)?
a. Firms may choose to use the net assets generated by earnings to repurchase common shares. b. Firms may choose to use the net assets generated by earnings to repurchase common shares which result in cash outflows for a firm, similar to paying a cash dividend. c. In the case of share repurchases, only those shareholders that choose to sell their shares to the firm receive cash. d. Some firms pay periodic dividends to the common shareholders out of net assets. e. Firms typically retain some or all of the net assets generated by earnings, causing net assets to decrease, along with retained earnings, which is the component of shareholders' equity showing the cause of that decrease in net assets.
Which of the following classifications of securities had NO negative one-year returns over the period 1950-1999?
A) Long-term government bonds B) Large-company stocks C) 3-month U.S. Treasury bills D) Each of the classification of securities listed experienced at least one negative one-year return over the listed time period.