Which of the following makes a routine request poor??
A) ?Asking specific questions and using lists
B) ?Providing a telephone number
C) ?Expressing appreciation
D) ?Using a generic closing statement
D
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Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning ofthe year and $15,000 at the end of the year. The amount of cash for the payment of dividends during the year is
a. $50,000 b. $40,000 c. $55,000 d. $35,000
Termination can result in legal expenses
Indicate whether the statement is true or false
Which of the following is an objective of internal control?
A) to encourage employees to follow company policies B) to ensure timely payment of accounts payable C) to ensure timely collection of accounts receivable D) to guarantee that a business makes a profit
A shareholder in an S corporation includes in tax basis his or her share of the corporation's liabilities.
Answer the following statement true (T) or false (F)