The sum of all the market value of publicly traded corporations in the United States exceeds the combined value of partnerships and sole proprietorships

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Athena Company provides employee health insurance that costs $5,000 per month. In addition, the company contributes an amount equal to 5% of the employees' $120,000 gross salary to a retirement program. The entry to record the accrued benefits for the month would include a:

A. Credit to Employee Benefits Expense $11,000. B. Debit to Employee Benefits Expense $11,000. C. Debit to Medical Insurance Payable $5,000. D. Debit to Payroll Taxes Expense $11,000. E. Debit to Employee Retirement Program Payable $6,000.

Business

On news programs featuring “talking heads,” hosts and guests commonly use insults, speech that degrades, and pronouncements that encourage defensiveness or hostile reactions. This is an illustration of which of these?

A. Participants demonstrate the manner maxim. B. Participants demonstrate adherence to conversational rules. C. Participants demonstrate incivility. D. Participants demonstrate the quantity maxim.

Business

The big-bang approach involves converting from old legacy systems to the new ERP in one implementation step

Indicate whether the statement is true or false

Business

Which of the following statements is true?

a. It is desirable to have some out-group membership. b. Out-group membership does not actually occur naturally. c. Out-group members tend to make valuable contributions to the group. d. Out-group membership has the potential for negative fallout.

Business