Budgets are usually prepared for five years in advance using quarterly figures.

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


False

Rationale: Budgets are usually prepared one year at a time.

Business

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______ are sometimes referred to as core beliefs and are enduring and deeply ingrained indicators of what we each feel is good or bad, right or wrong.

Fill in the blank(s) with the appropriate word(s).

Business

Six months ago, a company purchased stock investments with insignificant influence for $70,000. This is the company's first and only purchase of stock. The current year-end fair value of the stock is $68,500. The company should record a:

A. Debit to Unrealized Gain-Equity for $1,500. B. Debit to Unrealized Loss-Income for $1,500. C. Credit to Investment Revenue for $1,500. D. Credit to Dividend Revenue for $1,500. E. Debit to Investment Revenue for $1,500.

Business

Lyla is developing her pitch deck slides. She should include which of the following in her title slide?

a. the name of the company, logo, and Lyla’s name and contact information b. Lyla’s name, the name of the company, and the company description and purpose c. the name of the company, the company logo, Lyla’s name and contact information, and the problem your company is addressing d. title slides are unnecessary

Business

When yield curves are steeply upward-sloping,

A) long-term interest rates are above short-term interest rates. B) short-term interest rates are above long-term interest rates. C) short-term interest rates are about the same as long-term interest rates. D) medium-term interest rates are above both short-term and long-term interest rates. E) medium-term interest rates are below both short-term and long-term interest rates.

Business