In business environments with this type of communication culture, there is less emphasis on interpersonal relationships and more on the individual.
a. Social context
b. Low-context
c. Euphemism context
d. High-context
b. Low-context
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The newest online technology for banner advertising is:
A) automated exchange systems that provide precise targeting of ads to specific consumers B) embedded widgets that access dynamic content C) media/video ads capable of being downloaded by consumers D) search ads that can be displayed on cell phones
When are consolidated financial statements prepared?
a. At the option of an investee company b. At the option of an investor company c. If one company owns more than 50% of another company d. Only if one company owns 100% of another company
Assume that the custodian of a $585.00 petty cash fund has $107.50 in coins and currency plus $463.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include:
A. A debit to Petty Cash for $463.50. B. A credit to Cash Over and Short for $477.50. C. A debit to Cash for $449.5. D. A debit to Cash Over and Short for $14.00. E. A credit to Cash for $463.50.
At the beginning of the year, your company borrows $20,000 by signing a four-year promissory note that states an annual interest rate of 8% plus principal repayments of $5,000 each year. Interest is paid at the end of the second and fourth quarters, whereas principal payments are due at the end of each year. How does this new promissory note affect the current and non-current liability amounts reported on the classified balance sheet prepared at the end of the first quarter?
A. Increase current liabilities by $1,600; increase non-current liabilities by $20,000. B. Increase current liabilities by $5,400; increase non-current liabilities by $20,000. C. Increase current liabilities by $5,400; increase non-current liabilities by $15,000. D. Increase current liabilities by $400; increase non-current liabilities by $20,000.