In a firm that is decentralized you are most likely to see:
a. power
b. control
c. authority
d. delegation
e. segmentation
d. delegation
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Which of the following best describes the role of corporate governance?
A. Management often is compensated based on the company's profitability. B. Management decides which accounting principles are the most appropriate. C. Holding the management team accountable to shareholders and other constituents for the utilization of the entity's resources. D. Shareholders vote to decide who should be members of the board of directors.
Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for
$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, what is the journal entry to record the November 8th transaction? A) Cash 75Service Revenue 75 B) Accounts Receivable 75Service Revenue 75 C) Cash 75Unearned Revenue 75 D) Unearned Revenue 75Accounts Receivable 75
Small talk is light, informal conversation that has no agenda
Indicate whether the statement is true or false
If a paralegal needed to find the age of majority in a state, the answer would likely be found in that state's:
A) statutes. B) encyclopedias. C) law reviews. D) dictionaries.