The tenth and last step in the accounting cycle is the recording and posting of the closing entries of the business

Indicate whether the statement is true or false


false

Business

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Ferdinand runs a pie shop in a busy metropolis. He sells his fresh pies for $7, but it costs him $2.50 to make them. The cooking equipment in his shop cost him $46,000. How many pies does Ferdinand need to sell to make $50,000 annually?

A. 12,645 pies B. 33,000 pies C. 16,000 pies D. 21,333 pies E. 8,500 pies

Business

The__________is a government body that has the power to prescribe mandatory safety standards for almost all products used by customers

Fill in the blanks with correct word.

Business

Adapting Bordow and Moore (1992) your textbook identifies five steps for managing power actively in communication. Which of the following is NOT one of those?

a. Create networks of people who are key players, and have knowledge, contacts, ideas, energy and the power to change things b. Ensure your network is only made up of people you know to be your enemies because a key to managing power is to control those who might use information against you c. Communicate and manage the dissemination of information such that it is communicated throughout the organization, and to key stakeholders outside the organization d. Do not solely rely on formal, top-down, messages, but also seek to find informal ways of communicating the message

Business

Research about why leaders fail indicates that the primary cause of failure is lack of technical expertise.

a. true b. false

Business