In brainstorming, how should the group handle a seemingly outlandish idea?

A) Loudly discourage its originator.
B) Welcome it.
C) Ask for clarification.
D) Ask that it be put in writing.


Answer: B

Business

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During its first year of operations a company recorded accrued expenses totaling $175,000 for book purposes. For tax purposes, $175,000 of the expenses are deductible during the first year of operations and $200,000 are deductible during the second year of operations. The enacted income tax rate was 40% during the first year of operations and 45% during the second year of operations. The balance sheet at the end of the first year of operations will report a deferred tax:

A. liability of $80,000. B. liability of $90,000. C. asset of $90,000. D. asset of $80,000.

Business

What is the main purpose of the executive summary in a marketing plan?

What will be an ideal response?

Business

The person who withdraws money from a savings account and uses this money to buy government bonds at a higher return on investment is very likely guided by rational buying motives

Indicate whether the statement is true or false

Business

The Occupational Safety and Health Administration (OSHA) may cite employers under all of the following violations EXCEPT

A. willful violations. B. serious violations. C. other-than-serious violations. D. minor violations.

Business