Which of the following would be the most convincing evidence of a partnership?
A) An agreement to share in the management of a business
B) Agreements to share gross returns
C) An agreement to share losses
D) An agreement to pay a firm manager a percentage of the profits for his salary
C
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The four levels of CSR are ______.
A. economic, legal, ethical, and discretionary B. economic, legal, ethical, and demanded C. economic, legal, egalitarian, and discretionary D. economic, legal, ethical, and dominant
Explain what management guru Peter Drucker meant when he said, "Marketing is the distinguishing, unique function of the business."
What will be an ideal response?
Which of the following group of accounts are increased with a debit?
A) assets, liabilities, owner's equity B) assets, drawing, expenses C) assets, revenues, expenses D) assets, liabilities, revenues
Ruozzo Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for July. Fixed Element per MonthVariable Element per Customer ServedActual Total for JulyRevenue $4,500$100,000Employee salaries and wages$43,100 $900$63,300Travel expenses $500$11,500Other expenses$36,900 $37,900?When the company prepared its planning budget at the beginning of July, it assumed that 27 customers would have been served. However, 22 customers were actually served during July.?The amount shown for net operating income in the planning budget for July would have been closest to:
A. $3,700 B. ($15,586) C. ($11,800) D. ($12,700)