According to the "4As" framework of execution capability, which of the following would be human capital in the area of ability?

A. Clear strategic intent
B. Leadership bench
C. External connection
D. Accountability for resultsĀ 


Answer: B

Business

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For the year ended December 31, 2016, the Bowling Green Company reported income of $350,000 before provision for income tax. In arriving at taxable income for income tax purposes, the following differences were identified: Bad debt expense (but not written off) $ 8,000 Depreciation deducted for tax purposes in excess of depreciation for accounting purposes 50,000 Income for installment sales

reportable for income tax purposes in excess of income reported for financial reporting purposes 30,000 ? Assuming a corporate income tax rate of 30%, Huntsville's current income tax liability as of December 31, 2016, is A) $ 83,400. B) $101,400. C) $113,400. D) $129,000.

Business

A favorable variance has a debit balance and is a contra revenue

Indicate whether the statement is true or false

Business

Compare and contrast the following forms of business organization: sole proprietorship, general partnership, limited liability company, and corporation as to ease of formation, liability of owners, management, and tax implications

Business

Which of the following are not allowed to enter goods into the customs territory of the United States?

A) The purchaser of the goods B) A customs broker authorized to act on behalf of the importer C) Nonresident individuals and foreign corporations D) All of the above may enter goods

Business