A(n) ________ shows the financial condition of a business at a particular date in time

a. trial balance

b. balance sheet

c. income statement

d. statement of owner's equity


b

Business

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The cost of merchandise sold during the year was $60,0000 . Merchandise inventories were $10,500 and $12,500 at the beginning and end of the year, respectively. Accounts payable were $10,000 and $9,000 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise total ________

a. $63,000 b. $61,000 c. $53,000 d. $57,000

Business

In anticipation of tax season, Micah is working with the organization’s tax preparers to determine their knowledge of current tax laws. Micah’s goal is to make sure the tax preparers can deliver excellent customer service in alignment with the company’s goals. If she finds they cannot provide this service, she will implement training to bring everyone up to speed. What Micah is conducting a _________.

A. competency model B. remediation C. training D. needs assessment E. training audit

Business

If readers are familiar with or supportive of the topic, the report should be organized indirectly

Indicate whether the statement is true or false

Business

Which of the following is not one of the stages of the general adaptation syndrome?

a. Alarm b. Resistance c. Reassurance d. Exhaustion

Business