Money serves as
A. a substitute for equity.
B. a precaution against inflation.
C. a medium of exchange.
D. a risk-free liability.
Answer: C
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Ruben Company purchased $100,000 of Evans Company bonds at 100 . Ruben later sold the bonds at $104,500 plus $500 in accrued interest. The journal entry to record the sale of the bonds would be
a. debit Cash, $105,000; credit Investment—Evans Company Bonds, $104,500, and Interest Revenue, $500 b. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, and Gain on Sale of Investments, $5,000 c. debit Cash, $104,500, and Interest Receivable, $500; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500 d. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500
There are two major challenges for managing your negotiating team: aligning the multiple and often conflicting interests of members within the team and implementing ________ among team members to follow the strategy once the negotiation begins.
Fill in the blank(s) with the appropriate word(s).
What should an organization’s gender, racial, and ethnic employee profile reflect?
a. the organization’s management preferences b. the gender, racial, and ethnic employee profile of the region that provides employees to the company c. the gender, racial, and ethnic profile of the country d. the gender, racial, and ethnic employee profile suggested as “ideal” by the Civil Rights Act
When Tool Trade, an American company, uses qualified Brazilian manufacturers to produce many of the products it sells to retailers in South America, Tool Trade is using contract manufacturing
Indicate whether the statement is true or false