The entry to close the dividends account is
A) debit Retained Earnings and credit Dividends.
B) debit Dividends and credit Retained Earnings.
C) debit Income Summary and credit Dividends.
D) debit Dividends and credit Income Summary.
A
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Companies that rely on the marketing concept and have implemented a market orientation strategy recognize that:
a. price is the most important variable for customers. b. products should be targeted at everybody or the average customer. c. customer wants can be satisfied by integrating activities of the firm. d. good promotion and advertising strategies can save a bad product.
Which of the following scenarios illustrates the use of processed materials in manufacturing?
a. No-Glut Inc. uses rice flour in the manufacture of gluten-free products. b. Zintec Sugar House uses sugarcane to produce white sugar. c. Pace, an automobile company, uses magnesium alloy wheels for its high-end cars. d. Reldex Steel Corp. uses blast furnaces in their manufacturing process.
IMF's Articles of Agreement establishes ________
A. gold bullion as a standard of foreign exchange B. gold coins as a the primary source of foreign exchange C. SDR as the international form of currency D. a system for currency support
What are the challenges to greater sustainability posed by the tragedy of the commons?
What will be an ideal response?