Return on owners' equity is also called profit margin
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Return on owners' equity is also called return on investment (ROI). Return on sales is also called profit margin.
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S. Laney, Attorney, reports federal unemployment taxes payable for the third quarter of $589.25 . The journal entry to record the payment of this transaction would involve a
a. debit to Federal Unemployment Tax Expense. b. debit to Federal Unemployment Tax Payable. c. debit to Cash. d. credit to Federal Unemployment Tax Payable.
Technical skill is a necessary and sufficient condition for hiring an employee.
Answer the following statement true (T) or false (F)
Common characteristics of communications styles include
A) Confrontation and problem-solving. B) Mottoes and beliefs. C) Verbal and non-verbal cues. D) All of the above. E) A and B.
The Uniform Computer Information Transactions Act governs which types of transactions?
A) Any contract for the sale of goods that is entered into by using electronic messages B) Any contract entered into by using electronic messages C) Contracts to create, transfer, or license computer information or informational rights D) Any contract where payment is made electronically, including electronic credit card transactions