Accrued wages and accrued taxes are considered to be
A) secured sources of short-term financing.
B) current assets.
C) spontaneous sources of unsecured short-term financing.
D) permanent sources of financing because companies must always pay wages and taxes.
C
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This question contains two parts; be sure to answer both. First, list the steps in the control process. Next, discuss how you would use each step in the control process to manage a team project for one of your classes. Assume the team is made up of five members including you, and the team's performance counts for 25 percent of the grade.
What will be an ideal response?
Terrorists avoid kidnapping because the repercussions can be harmful to their movement.
Answer the following statement true (T) or false (F)
The journal entry a company records for the issuance of bonds when the contract rate is greater than the market rate would be
A) debit Bonds Payable, credit Cash B) debit Cash and Discount on Bonds Payable, credit Bonds Payable C) debit Cash, credit Premium on Bonds Payable and Bonds Payable D) debit Cash, credit Bonds Payable
What function of the law is being served when passing laws that prohibit discrimination at workplaces?
A) keeping the peace B) providing a basis for compromise C) maintaining the status quo D) promoting social justice