Which of the following increases owner's equity?
A. Business profits
B. Business expenses
C. Business losses
D. Dividends
Answer: A
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A manufacturing company has a beginning finished goods inventory of $28,300, cost of goods manufactured of $58,500, and an ending finished goods inventory of $27,600. The cost of goods sold for this company is:
A. $86,100. B. $2,600. C. $114,400. D. $57,800. E. $59,200.
A(n) ________ question most likely helps the salesperson discover facts about the buyer's existing situation and is often the first step in the partnership-building process
A) confirmation B) closed C) open D) general survey E) probing
Which of the following is an example of management activity referred to as planning?
A) Developing a strategy of disposing of hazardous waste. B) The decision to eliminate an unprofitable segment of an organization. C) The decision to outsource an organization's payroll processing D) All of these.
Which is true regarding the tort of trespass to land?
A) So long as a person stays away from the portions of land that the owner is currently using, there can be no trespass to land. B) A person cannot be liable for trespass to land if that person was not told, either directly by the owner or by means of a sign, to stay off the property. C) So long as a person originally entered the land of another with the permission of the owner, there can be no trespass to land if the nonowner stays beyond the period of permission granted by the owner. D) A person who enters another's land without permission is liable to the landowner even if the landowner was not using the land at the time and there was no damage to the land.