Companies with many employees often use a special ________ account to pay employees.
Fill in the blank(s) with the appropriate word(s).
payroll bank
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If a company prepares a statement of stockholders' equity, net income is deducted to retained earnings on this statement
a. True b. False Indicate whether the statement is true or false
Lars has found that his needs for ______ generally go unfulfilled and he feels unlovable and desires a meaningful relationship that will keep him from being emotionally detached.
A. inclusion B. control C. affection D. reflection
Message Company uses the indirect method to prepare its statement of cash flows
Refer to the following portion of the comparative balance sheet: Message Company Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/(Decrease) Common Stock $18,000 $12,400 $5,600 Retained Earnings 113,000 80,000 33,000 Treasury Stock (8,000 ) (5,400 ) (2,600 ) Total Equity $123,000 $87,000 $36,000 Note: 1. There was no retirement of stock during the year. 2. There were no sales of treasury stock during the year. Which of the following statements is correct? A) There was zero net cash flow from transactions involving Common Stock. B) There was a negative cash flow of $5,600 from the issuance of Common Stock. C) There was a positive cash flow of $5,600 from the issuance of Common Stock. D) There was positive cash flow of $18,000 from issuance of Common Stock.
Which of the following statements is true about the role of top management in the advertising and promotion decision-making process?
A. The top management is usually interested in how the advertising program represents the organization. B. The top management is more interested in tactical planning than strategic planning. C. The top management's day-to-day responsibilities usually include decision making and operations of advertising and promotion. D. The top management does not provide input in the advertising and promotion process. E. The top management is only interested in the amount of money that must be allocated to advertising and promotion.