Meghan, like ForwardPlan, Inc., the company that employs her, has an entrepreneurial orientation. Recently, she was delighted to learn that ForwardPlan executives had anticipated a future market, recognized their lack of a technology to exploit that market, and had acquired exclusive rights to license a technology that would, in two years, put them in a premier competitive position in that market. Meghan admires her employer's ________ in anticipating future problems and opportunities.
A. proactiveness
B. independent action
C. innovativeness
D. dependent action
E. competitive aggressiveness
Answer: A
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Which one of the following procedures is incorrect for setting up and maintaining a petty cash fund?
a. A check is prepared for a fixed amount; when the check is cashed, the money is entrusted to a petty cash custodian. b. An entry is recorded to establish the fund and obtain the cash. c. When appropriate documentation is presented, cash payments are made from the fund; the petty cash custodian retains the documentation. d. When the petty cash fund is replenished, an entry is recorded to recognize an increase in the petty cash account.
On August 1, Year 1, Jackson Company issued a one-year $52,000 face value interest-bearing note with a stated interest rate of 9.00% to Galaxy Bank. Jackson accrues interest expense on December 31, Year 1, its calendar year-end.What is the amount of interest expense and the cash outflow for interest during the year ending December 31, Year 1? (Do not round your intermediate calculations.)Interest ExpenseCash Outflow
A.
| $1950? | $1950? |
B.
| $4680? | $0 |
C.
| $4680? | $4680? |
D.
| $1950? | $0 |
Consumers consider five aspects when defining quality. Which one of the following is least likely to be one of these aspects?
A) value B) fitness for use C) psychological impressions D) individual development
The courts decide whether parties owe a duty of care by applying a(n) ______standard to evaluate how an objective, careful, and conscientious person would have acted in the same circumstance
Fill in the blank(s) with correct word