To record wages earned but not paid under the modified cash accounting method,
a. debit Wages Payable and credit Wages Expense.
b. debit Cash and credit Wages Expense.
c. debit Wages Expense and credit Wages Payable.
d. no entry is required.
d
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Which of the following is not true about ethical leaders?
a. They realize that they are always on stage. b. They “walk the talk.” c. They understand that they are role models. d. They believe that their followers should learn by their examples, and go beyond even what they are willing to do.
In the 1950s, the labor movement was generally portrayed as:
A. Forceful institutions that effectively achieved justice for the working class. B. Corrupt institutions that took advantage of the working class. C. Weak institutions incapable of representing the best interests of workers. D. Modest institutions that played only a minor role in the American workplace.
Suppose 90-day investments in Britain have a 6.00% annualized return and a 1.50% quarterly (90-day) return. In the U.S., 90-day investments of similar risk have a 4.00% annualized return and a 1.00% quarterly (90-day) return. In the 90-day forward market, 1 British pound equals $1.70. If interest rate parity holds, what is the spot exchange rate ($/£)? Do not round the intermediate calculations and round the final answer to four decimal places.
A. $1.7084 B. $1.8280 C. $1.8109 D. $1.8793 E. $2.0159
What is the next stage in the IMC planning process, once marketing and communication objectives have been set?
A. developing the advertising message B. reviewing the marketing plan C. budget determination D. development of the IMC program E. recruitment of marketing and promotion personnel