Which of the following is one of the four steps in business process analysis?
A) Specifying resource needs
B) Prioritizing business processes
C) Both A and B
D) Neither A nor B
Answer: C
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Par value
A) is the monetary value assigned per share in the corporate charter. B) represents what a share of stock is worth. C) represents the original selling price for a share of stock. D) is established for a share of stock after it is issued.
Wing Hon Ltd., a Chinese company, makes drywall that Veranda Homes Corporation, a U.S. firm, imports and sells to contractors and consumers in the United States. The drywall causes electrical and other problems in newly built homes. Potentially liable parties include
a. Wing Hon and Veranda Homes. b. the Chinese and U.S. governments. c. the consumers who bought the drywall. d. none of the choices.
In an auction, a bid is an offer, and not a contract, until the auctioneer accepts the bid
Indicate whether the statement is true or false
Identify the list of accounts below that would normally all have a credit balance.
A. Salaries Payable, Employee Income Tax Payable, Owner's Capital. B. Salaries Payable, Prepaid Insurance, Medicare Tax Payable. C. Employee Income Tax Payable, Social Security Tax Payable, Salaries Expense. D. Wages Expense, Salaries Payable, Equipment.