Morris threatens physical harm to force Barb to contract to pay him for protecting her store-Barb's Baubles-against vandalism and destruction. Barb may
A) rescind the contract or refuse to comply with its terms
B) do nothing once she has agreed to pay.
C) recover from her insurer for the cost.
D) recover from the local police for their failure to protect her store.
A
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On January 1, Year 1, Wilson Company borrowed $70,000 from State Bank. The note stipulates a 3-year term with a 3 percent interest rate. On December 31, Year 1, Wilson recorded an adjusting entry to accrue interest expense. Based solely on these events, indicate whether each of the following statements is true or false.________ a) The Year 1 income statement is not affected because interest expense has been accrued but not paid. ________ b) The Year 1 statement of cash flows will show a $70,000 cash inflow from investing activities.________ c) Accruing interest expense in Year 1 increased a liability.________ d) Accruing interest expense is a claims exchange transaction.________ e) Both assets and equity decreased in Year 1 as a result of this transaction.
What will be an ideal response?
Charts and graphics can be unethical when they _____
A) use a consistent scale regardless of result B) are more than one year old C) include design elements D) show data out of context E) use color to attract the audience's attention
Marian Fleming, new CEO of Xenon Products, worked diligently with her board to develop a vision for the firm. She tells her chairman, "With this vision, I know where I want us to go. And I must articulate this vision, clearly and often, so that ________ can understand the vision and can state it clearly themselves."
A. other people outside the organization B. stakeholders C. the media D. other people in the organization E. customers
The job is ahead of schedule when ______.
a. CR = 1 b. CR < 1 c. CR = 0.5 d. CR > 1