____ sets the tone of the organization, influencing the control consciousness of its people.
A. Control environment
B. Risk assessment
C. Control activities
D. Monitoring
Answer: A
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A company had an increase in interest payable during the year and also amortized discount on bonds payable. Under the direct method, the amount of interest paid during the year to be reflected in the statement of cash flows is
A) interest expense plus the increase in interest payable minus the discount amortization. B) interest expense plus the increase in interest payable plus the discount amortization. C) interest expense minus the increase in interest payable minus the discount amortization. D) interest expense minus the increase in interest payable plus the discount amortization.
One avenue for overcoming cognitive biases involves involving a third party as mediator. How does this change a negotiators perceptions and bias?
What will be an ideal response?
Melisch, Inc The following information is available pertaining to the stockholders' equity accounts for Melisch, Inc Common stock, $7 par, 100,000 shares authorized $700,000 Additional paid-in capital 160,000 Retained earnings ? Treasury stock, 2,000 shares at cost (16,000) Total Stockholders' Equity $974,000 Refer to the information presented above for Melisch, Inc What is the amount of
Melisch's retained earnings? A) $98,000 B) $114,000 C) $130,000 D) $860,000
With the ______ method, an initial feasible solution to the transportation problem is obtained by allocating shipments beginning with the route that has the lowest cost of transportation.
a. matrix least cost method b. matrix maximum profit method c. northwest corner rule d. stepping stone method