Which of the following is a fundamental goal of shareholders?

A. to have the business survive
B. to keep their jobs
C. to have an immediate increase in stock price
D. to have the business provide jobs


Answer: C

Business

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On October 1, Lawrence Company borrowed $60,000 from Fourth National Bank on a 1-year, 7% note. If the company's fiscal year ends as of December 31, Lawrence should make an entry to increase

a. interest expense, $4,200. b. notes payable, $1,050. c. interest payable, $1,050. d. prepaid interest, $3,150.

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____ for speaking with me yesterday about the accounting position

A) Thankyou B) Thank-you C) Thank you

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Which of the following is a key performance indicator of the financial perspective in a balanced scorecard?

A) hours of employee training B) number of warranty claims C) percentage of market share D) return on investment

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________ can be used to assess the environmental impacts associated with a product's life from cradle to grave

A) CRM B) SRM C) LCA D) MRP

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