Which of the following is NOT a step in the process of managing risk?
a. identifying risks
b. analyzing probability of risk occurring
c. formulating risk mitigation strategies
d. identifying person to be held responsible
d. identifying person to be held responsible
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Trading securities were sold on January 3, 2018, for $65,000. Those securities were purchased for $52,000 on November 21, 2017, and they had a fair value on December 31, 2017, of $57,000. The entry to record the sale would include a
A) credit to Unrealized Holding Gain/Loss-Trading Securities of $8,000. B) debit to Unrealized Holding Gain/Loss-Trading Securities of $5,000. C) debit to Investment in Trading Securities of $5,000. D) credit to Gain on Sale of Trading Securities of $8,000.
Zach has bought Biannca's interest in the A&B Partnership for a $120,000 direct payment to Biannca. Zach and Biannca's capital balances before the sale were $48,000 and $72,000, respectively. The entry to record the purchase of interest in partnership is:
A) Biannca, Capital 120,000 Zach, Capital 120,000 B) Biannca, Capital 72,000 Zach, Capital 72,000 C) Zach, Capital 120,000 Cash 120,000 D) Cash 120,000 Zach, Capital 120,000
1. $7,000 of merchandise inventory was ordered on September 2, 2009 2. $3,000 of this merchandise was received on September 5, 2009 3. On September 6, 2009, an invoice dated September 4, 2009, with terms of 3/10, net 30 for $3,250 which included a $250 prepaid freight cost, was received. 4. On September 10, 2009, $800 of the merchandise was returned to the seller. Based on the above information,
what would be recorded as the cash payment if the invoice is paid within the discount period? A) $2,200 B) $2,134 C) $2,450 D) $2,384
Companies' choices of corporate philanthropy initiatives are influenced by stakeholders in which order:
A. Suppliers, creditors, customers, employees B. Customers, creditors, suppliers, employees C. Employees, local communities, customers, board of directors D. Board of directors, local communities, customers, employees E. Executive staff, customers, employees, suppliers