A business corporation files the articles of incorporation with which government agency?

a. Occupational Safety and Health Agency (OSHA)
b. Securities and Exchange Commission (SEC)
c. Internal Revenue Service (IRS)
d. State secretary of state


d

Business

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The balance of the $0.50 par value Common Stock account for Murdock Company was $60,000 before its recent 3-for-1 stock split. The market price of the stock was $30 per share before the stock split. What occurred as a result of the stock split?

a. The balance in the Retained Earnings account decreased. b. The balance in the Common Stock account declined to $20,000. c. The market price of the stock was not affected. d. The market price of the stock dropped to approximately $10 per share.

Business

Encryption and hashing are similar process to maintain data confidentiality.

Answer the following statement true (T) or false (F)

Business

The direct charge-off method of recognizing uncollectible accounts is not in accordance with good accounting practice

Indicate whether the statement is true or false

Business

By balancing all stakeholders' needs, managers are more likely to achieve their objectives in

a. the long term. b. the short term. c. the short term as well as the long term. d. all areas of the organization.

Business