When an owner combines their personal assets with the assets of their business, what concept or principle of accounting is being violated?
A) Going concern
B) Objectivity
C) Business entity
D) Cost
C) Business entity
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The denomination or principal amount of the bond is usually referred to as the______________
Fill in the blank(s) with correct word
Barney prefers one-on-one conversation. And Fred agrees that type of communication has its place, but that electronic communications, such as e-mail, Twitter, and Facebook, have a key advantage in that
A. information can be shared rapidly with a large number of people. B. complex problems can be solved effectively. C. more trust is engendered among users than with face-to-face communication. D. sensitive or private information can be safely transmitted. E. higher-quality decisions can be made in comparison to face-to-face communication.
If a seller elects to resell the goods remaining in the seller's possession after the buyer breaks the contract, the seller: A) must always give notice of the sale to the original buyer
B)is never required to give notice of the sale to the original buyer.? C)is required to follow strict standards in the resale of the goods.? D) is not required to give notice of the sale to the original buyer when the goods are perishable.
J.C. Riley, who owns Riley's Auto Repair Shop is trying to determine whether the company's advertising program is successful. He has used a spreadsheet program to estimate the relationship between advertising expenditures and sales dollars. Monthly data for the past two years were entered into the program. The regression results indicated the following:Sales dollars = $169, 000 ? ($200 × Advertising expenditures)Correlation coefficient = ?0.864To J.C., the results imply that advertising is actually reducing sales. Can you help explain to him what might cause the negative relationship between advertising expenditures and sales?
What will be an ideal response?