The adjusting entry for accrued interest on notes receivable includes

a. debiting Interest Expense and crediting Interest Revenue; b. debiting Interest Receivable and crediting Interest Revenue; c. debiting Interest Revenue and crediting Accrued Interest Payable; d. debiting Accrued Interest Receivable and crediting Interest Payable; e. none of these


B

Business

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Federal unemployment compensation taxes that are collected by the federal government are notpaid directly to theunemployed but are allocated among the states for use in state programs

a. True b. False Indicate whether the statement is true or false

Business

Sinclair is driven most by the need to influence others to do what she wants. She is likely high in which of the following needs?

A. need for affiliation B. need for power C. need for achievement D. need for safety

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Which of the following have been levied as criticisms of TCE?

a. TCE focuses on cost minimization b. TCE understates the cost of organizing c. TCE neglects the role of social relationships in economic transactions d. All of the above

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When considering the new-product development process, which of the following statements is true of screening?

A. It eliminates ideas that are inconsistent with an organization's new-product strategy. B. It calculates preliminary figures for demand, cost, sales, and profitability. C. It involves getting consumer reactions to visual representations of a proposed product. D. It involves making cosmetic or functional changes to existing products.

Business