Emory Co operates five days per week with a daily payroll of $4,000 . Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31 . What is the effect of the correct adjustment at March 31?
a. Increases stockholders' equity and Wages Payable by $8,000
b. Increases Wages Payable and decreases Cash by $12,000
c. Decreases stockholders' equity and increases Wages Payable by $12,000
d. Increases Wages Payable and increases Wages Expense by $8,000
c
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Which of the following is not a step in the psychological-progressive pattern?
A. arouse B. dissatisfy C. gratify D. empathize
In order to promote its brand, Lambrotto, an Italian manufacturer of leather shoes, makes a deal with the organizers of an upcoming baseball league. Lambrotto pays the organizers a substantial sum of money to have the brand's banners with its logo and slogans displayed all across the baseball ground and the stadium. Lambrotto engages in this activity to gain maximum visibility. This scenario exemplifies _____.
A. sponsorship B. cross-selling C. lobbying D. vertical integration
To achieve compliance with a new industry standard, a company develops a five-year plan in which goals are set for each year with incremental organizational changes focusing on one area of the new standard. This is an example of
A. structural change. B. cultural change. C. managed change. D. evolutionary change. E. revolutionary change.
Banner enters into a contract with Sylvia to buy her house for $150,000. Sylvia decides later not to sell because she is so emotionally attached to the house. Banner insists that he is entitled to the house. Banner can successfully sue for specific performance.
Answer the following statement true (T) or false (F)