The following information should be used for questions 90-97.CashAccounts ReceivableOffice EquipmentOffice SuppliesAccounts PayableBrandon Phipps, CapitalBrandon Phipps, DrawingFees IncomeRent ExpenseSalaries ExpenseUtilities ExpenseFor each of the following transactions determine the accounts to be debited and credited.Issued checks to pay salaries
What will be an ideal response?
Debit Salaries Expense; credit Cash
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Which of the following categories is particularly affected by low barriers to entry?
A) microchip processors B) automobile manufacturers C) professional services D) oil drilling
Answer the following statements true (T) or false (F)
1. To cut costs all organizations should always use full guest participation. 2. Co-production leads to a decrease in training costs for an organization. 3. An organization changing from full-service to co-production would probably have to make changes in its delivery system. 4. Some guests resent having to co-produce any part of the experience for which they are paying.
The world has essentially become smaller because of
a. improved technology. b. trade agreements. c. better communications systems. d. all of the above.
Homosexuals are protected from discrimination mainly through
A. Fair Employment Practice laws at the state or local level. B. the Federal Executive Order 11246. C. the Americans with Disabilities Act. D. the Vocational Rehabilitation Act.