Which of the following would not appear as a liability on the balance sheet?
a. A labor contract
b. A note due to a bank
c. Salary due employees at year-end
d. Accounts payable
A
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Compared to the traditional managerial business standard, the triple bottom line has managers give greater focus to ______.
a. employees b. shareholders c. stakeholders d. customers
Which of the following is false in regards to direct materials for an auto manufacturer?
A) Steel would probably be a direct material. B) Upholstery fabric would probably be a direct material C) Oil to lubricate factory machines would not be a direct material. D) Small plastic clips to hold on door panels, because they become part of the auto, must be accounted for as direct materials.
A ________ is a product formula, pattern, design, compilation of data, customer list, or other covert business information
A) copyright B) patent C) trade secret D) trademark
While text messaging is considered rude in many situations, it can be useful for some business tasks
Indicate whether the statement is true or false