Resistance to change varies in its ______.
a. intensity, attitude, and facts
b. intensity, source, and focus
c. urgency, source, and commitment
d. focus, urgency, and facts
b. intensity, source, and focus
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A company records the fees for legal services paid in advance by its clients in an account called Unearned Legal Fees. If the company fails to make the end-of-period adjusting entry to move the portion of these fees that has been earned to a revenue account, one effect will be:
A. An overstatement of assets. B. An understatement of assets. C. An overstatement of equity. D. An understatement of liabilities. E. An understatement of equity.
A note receivable due in 18 months is listed on the balance sheet under the caption
A) long-term liabilities B) fixed assets C) current assets D) investments
A skeptical manager asks what long-range forecasts can be used for. Give her three possible uses/purposes
What will be an ideal response?
A . Discuss primary liability on a note; on a check. b. What is secondary liability? What must be done before a person with secondary liability can be sued? Who has secondary liability on a note? Who has secondary liability on a check? c. How does contractual liability on the instrument differ from warranty liability?