Which of the following revenue models for social media is most likely followed by companies providing Web 2.0 services?
A) traditional marketing
B) pay-per-click
C) user participation
D) venture capital
B
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GLTP Inc. transformed from a private company into a public company after offering its shares in a securities exchange for the first time. Such transactions take place in a
A. tertiary market. B. closed market. C. secondary market. D. primary market.
According to the Uniform Commercial Code (UCC), ________.
A. the sale of goods costing $500 or more is not enforceable without a writing or other specified evidence B. there is no need for the formality of writing during sales transactions C. the doctrine of promissory estoppel will always overrule a written contract D. the sale of goods between two parties is always legal
Bank transfer schedules are used by the auditor to address which of the following concerns?
a. Lapping. b. Kiting. c. Embezzlement by omitting outstanding checks on reconciliation. d. All of the above.
Indicate by letter whether each statement below applies to a sole proprietorship (S), partnership (P), or corporation (C). You may use more than one business organization for an answer. ________
a. Separate economic unit ________ b. Life limited by death of owner(s) ________ c. Separate legal entity ________ d. Unlimited liability of owner(s) ________ e. Separation of ownership and control ________ f. Transfer of ownership does not affect the continuity of business. ________ g. Ownership evidenced by stock certificates