In most cases, countries use tariffs to reduce foreign competition, but tariffs are also used
A. to offer domestic discounts.
B. to shorten supply chains.
C. as a response to perceived unfair trade practices.
D. to stimulate consumer demand.
E. as a way to equalize quotas.
Answer: C
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Hillary, Bruce, and Cindy own a partnership firm. Hillary has an ownership interest of $24,000; Bruce has an ownership interest of $41,000; and Cindy has an ownership interest of $30,000. In the process of liquidation, the partnership sells non-cash assets and registers a gain of $30,000. The profit-loss sharing agreement is 1/6 to Hillary; 2/6 to Bruce; and 3/6 to Cindy. Which of the following is TRUE when a journal entry for the allocation of gain is recorded?
A) Hillary, Capital is credited for $10,000. B) Cindy, Capital is credited for $15,000. C) Hillary, Capital is debited for $10,000. D) Cindy, Capital is credited for $10,000.
Purchase orders are sent to:
A. customers B. vendors C. carriers D. managers
Which of the following is NOT recommended concerning the use of gestures during a business presentation?
a. Vary hand motions to emphasize important points; otherwise, relax your hands in your pockets. b. Try to use only one hand to make points unless you specifically need both. c. Eliminate the use of nervous gestures that distract the audience. d. Refine your gestures to portray a relaxed, approachable appearance.
The collection of people, technology, and systems within an organization that has primary responsibility for providing the organization's products or services is ________
What will be an ideal response?