Blue Cross is:
A) owned by the doctors
B) owned by Blue Shield
C) not sold on a group basis
D) a hospital service prepayment plan
D
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Alex, Bob, and Ciera are partners, sharing income 2:1:2. After selling all of the assets for cash, dividing gains and losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Alex, $10,000 Cr; Bob, $10,000 Cr; and Ciera, $30,000 Cr. How much cash should be distributed to Alex?
a. $6,000 b. $20,000 c. $10,000 d. $16,667
Which of the following terms does not mean the same as the others?
a. Footing b. Folio c. LP d. Post. Ref.
The credibility standard of management accountants state that management accountants must communicate information fairly and objectively. This means essentially that accountants must perform each task
A) as professionals, possessing the degree of skill of those management accountants who held the position before them. B) to provide relevant information, both positive and negative, to the recipients of their reports. C) in conformity with generally accepted accounting principles. D) to the satisfaction of government regulators.
Which of the following best describes the use of surveys in market research?
A) These are research techniques used to gather opinions of carefully chosen individuals about a topic. B) These are research techniques in which researchers immerse themselves into consumers' lives to understand them better. C) These are research instruments to gather data (generally quantitative) over a large population of potential customers. D) These are research techniques used to watch people's actual behaviors in the context of their natural environment.