A business purchases equipment for $8,000 cash. Which of the following accounts is credited?
A) Cash
B) Accounts Payable
C) Common Stock
D) Equipment
A
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When preparing the budgeted income statement of a merchandising company, the amount of cost of goods sold can be taken from the ________.
A) budgeted balance sheet B) cost of goods sold budget C) inventory, purchases, and cost of goods sold budget D) capital expenditures budget
Facebook's Search functionality includes everyone's public posts, Likes, photos, and interests, and makes them available to all users of Facebook, even those who are not friends.
Answer the following statement true (T) or false (F)
All of the following are employer payroll taxes except:
A. State unemployment tax. B. Medicare tax equal to that withheld from employees. C. Social Security tax equal to that withheld from employees. D. Federal income tax equal to that withheld from employees. E. Federal unemployment tax.
Answer the following statement(s) true (T) or false (F)
1. Experiments do not have to have a clear purpose; they only need to be observed and have an outcome. 2. If the experiment fails to deliver the results the entrepreneur anticipated, the experiment is a failure. 3.A new perfume manufacturer wants to test peoples’ reaction to the scent.As people enter a large department store, they are sprayed with the product and asked to fill out a questionnaire in exchange for a free sample.This would be an acceptable way of conducting the experiment. 4. A prototype is often created before a pilot test is conducted. 5. For a prototype to be effective, it must communicate what our ideas would look like, behave like, and how they work.