Partners in a general partnership have a right to

a. share in partnership profits.
b. participate in management.
c. share in the ownership of partnership property.
d. all of these.


D

Business

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Among the functions of organizational ________ are that it gives members an organizational identity and it promotes social-system stability.   

A. design B. structure C. life cycle D. charting E. culture

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On December 9, A issues a 60-day promissory note to B. The December 31 adjusting entry for A is

a. Interest Payable – Debit; Cash – Credit b. Interest Receivable – Debit; Interest Income – Credit c. Interest Expense – Debit; Cash – Credit d. Interest Expense – Debit; Interest Payable – Credit

Business

Everyone defines words exactly alike

Indicate whether the statement is true or false.

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In Booms and Bitner's 7 Ps of the marketing mix, process refers to which of the following?

A) how the product is moved through the supply chain B) packaging and design C) the environment in which the service is delivered D) the way in which the customer uses the product or service E) the way the service is delivered

Business