A budget starts with a forecast of your investments.
Answer the following statement true (T) or false (F)
False
A budget starts with a forecast of your income—the money you bring in. For many people, the paycheck from their job is their primary source of income. But the major source of income for entrepreneurs may be the profits they earn from their businesses. See A-1: Your Budget
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In both monolithic and pluralistic organizations, minority group members
A) tend to occupy low-status jobs, if they are represented at all. B) are virtually nonexistent, or at the very least seen and not heard. C) tend to be marginalized by members of the dominant or majority group. D) are well-represented and treated with an affirmative action approach. E) tend to cluster at certain levels or in particular functions within the organization.
On September 12, Vander Company sold merchandise in the amount of $9000 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5600. Jepson uses the periodic inventory system and the gross method of accounting for purchases. Jepson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Jepson makes on September 18 is:
A.
| Accounts payable | 9000? | |
| Merchandise inventory | 180? | |
| Cash | 8820? |
B.
| Purchases | 8820? | |
| Cash | 8820? |
C.
| Accounts payable | 9000? | |
| Purchases discounts | 180? | |
| Cash | 8820? |
D.
| Cash | 8820? | |
| Accounts receivable | 8820? |
E.
| Cash | 8820? | |
| Purchases discounts | 180? | |
| Accounts payable | 9000? |
Which of the following is not one of the specialized forms of communication that should be mastered?
a. Persuasive communication b. Personal counseling c. Writing memos, reports, and proposals d. Email, fax, and videoconferencing
Controls that apply to the use of privately owned property include but are not limited to:
a. zoning. b. eminent domain. c. restrictive covenants. d. All of these.