Compare the list of accounts below and choose the list that contains only accounts that would be classified as asset accounts on the Chart of Accounts.
A. Building; Prepaid Insurance; Supplies Expense.
B. Cash; Prepaid Insurance; Equipment.
C. Unearned Revenue; Accounts Payable; Dividends.
D. Notes Payable; Cash; Dividends.
E. Accounts Payable; Cash; Supplies.
Answer: B
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Indicate whether the statement is true or false
In which of the following circumstances would the discharge be lawful?
a. Employee was discharged for sleeping and loafing on the job. b. Employee was discharged for not covering the tattoos on her arms as per company policy. c. Employee was discharged for wearing a nose ring to work which the employee handbook prohibited. d. All of the above. e. None of the above. Employees may only be discharged for good cause.
Respondeat superior:
A) imposes vicarious liability on the agent. B) makes a principal liable for the acts of independent contractors. C) imposes vicarious liability on the principal for employees' acts committed within the scope of employment. D) makes the agent responsible for his own acts
Executives in a company use an interactive system that analyzes transactional data and generates multiple potential scenarios to help inform market and product development strategies. The executives are using a(n) ________ system.
A. decision support B. expert C. transaction-processing D. operations information E. artificial intelligence