Which of the following accounts is not closed during the closing process?
A) Common Stock
B) Commissions Earned
C) Income Summary
D) Dividends
A
You might also like to view...
The amortization of a premium on bonds payable decreases bond interest expense
a. True b. False Indicate whether the statement is true or false
Which of the following statements best describes the phenomenon called risky shift?
A. A corporation shifts its risk onto its customers. B. Groups do not accept higher risks than individuals. C. A group of people who must reach a consensus on an acceptable level of risk often decide on a level of risk higher than the risk they would accept as individuals. D. The decisions made by a team of managers may have lower levels of risk and may create lesser legal problems than decisions made by an isolated manager.
Which of the following is one of the stages of the five-stage development model for teams?
A. team performance curve B. reforming C. prenorming D. performing
Which of the following countries scores highest in long-term orientation?
A. The Philippines B. Nigeria C. Pakistan D. China