Financialization refers to the tendency for:
A. Businesses to focus excessively on managing their businesses using financial maneuvers
rather than capital investments.
B. Businesses failing due to excessive debt.
C. Unions to misuse members' due money for their own purposes.
D. Unions to become too heavily focused on revenue generation at the expense of union
representation.
C. Unions to misuse members' due money for their own purposes.
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A fashion is a basic and distinctive mode of expression appearing in a field of human endeavor
Indicate whether the statement is true or false
Which of the following is not a purpose of the income statement?
A) used to evaluate management's performance B) predicts the company's future assets and liabilities C) used to compare performance against other companies D) assesses the company's risk
A project vision is an image a project team holds about how the project will look upon completion, how they will work together, and how customers will accept the project. It is important that everyone have the same vision.
Answer the following statement true (T) or false (F)
Manhattan Company recorded an adjusting entry to accrue interest owed of $300 as of December 31, Year 1. When the related note was paid during Year 2, the company paid $450 in interest. Which of the following journal entries correctly records this Year 2 transaction? (Assume that the entry to record the payment of the note itself was recorded in a separate journal entry.)
A.
| Interest Expense | 450 | |
| Cash | 450 |
B.
| Interest Expense | 150 | |
| Cash | 150 |
C.
| Interest Expense | 450 | |
| Cash | 300 | |
| Interest Payable | 150 |
D.
| Interest Expense | 150 | |
| Interest Payable | 300 | |
| Cash | 450 |