The amount that a partner withdraws as a monthly salary allowance does not affect the division of net income
a. True
b. False
Indicate whether the statement is true or false
True
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In a partnership, the entry to close net income ________.
A) increases assets B) increases liabilities C) decreases partners' capital accounts D) decreases the Income Summary account
Companies employ various techniques to embed core values and ethical standards EXCEPT
A. making the display of core values and ethical principles a factor in evaluating each person's job performance. B. instituting standard practices and procedures for employees to follow as a foundation for maintaining ethical and cultural norm conflict clashes and behavioral lapses. C. using ceremonial occasions to recognize individuals and groups who display the values and ethical principles. D. encouraging everyone to use their influence in helping enforce observance of core values and ethical standards. E. incorporating the statement of values and the code of ethics into orientation programs for new employees and training courses for managers and employees.
When you exhibit an attitude, you transmit a message that everyone, consciously or unconsciously, interprets
Indicate whether the statement is true or false
If goods in every respect conform to a contract, the buyer or lessee does not have a right to reject the goods
a. True b. False Indicate whether the statement is true or false