The late actor Paul Newman started Newman’s Own, a ______ organization, to sell products like salad dressing and give all the after-tax profits to charities.
A. hybrid
B. B Corp
C. CSR Corp
D. charity
A. hybrid
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Writing "thank you in advance" at the close of a routine request
A) is courteous and effective. B) will guarantee a positive response. C) is best to avoid, since many people find it presumptuous. D) is most effective when you end the statement with an exclamation point. E) is expected when your audience is unfamiliar.
Discounts from invoice prices, which act as an inducement for prompt payment of invoices, are called cash discounts
Indicate whether the statement is true or false
Documents and records are an important control activity. Which of the following statements concerning this activity is true?
a. They serve as excellent preventive controls. b. Adequate accountability can exist even in their absence. c. The entire accounting system serves as a documentary control. d. They are poor detective controls.
Regarding the issuance of stock, which of the following statements is incorrect?
A) Large corporations cannot finance all their operations through borrowing, so they raise capital by issuing stock. B) A company can sell its stock directly to stockholders, or it can use the services of the state's Securities and Exchange Commission. C) The issue price is the amount the corporation receives from issuing its stock. D) Large corporations need huge quantities of money.