Which of the following is a part of the definition of conflict?
A. hidden struggle
B. compatible goals
C. dependence on one another
D. all of these
C. dependence on one another
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The payment of wages to employees is an internal event
a. True b. False Indicate whether the statement is true or false
A business owner might believe it is morally wrong to pay overseas workers low wages and decide to close down his U.S.-based company rather than betray his principles. This example is related to which ethical decision-making approach?
What will be an ideal response?
Premium on Bonds Payable is an adjunct liability account, as it increases the carrying value of the bond.
Answer the following statement true (T) or false (F)
During 2019, Ocean Consulting had the following transactions with it clients (customers):•On February 1, 2019, the company received cash of $6400 from clients in payment of their account balances as of December 31, 2018. •On November 1, 2019, the company received $3400 cash as payments in advance for services to be performed in 2020. •The company received a total of $20,000 in cash for services that were performed during 2019. •The company sent bills totaling $5400 to clients for services performed during 2019; this amount was unpaid as December 31, 2019. What is the amount of Service Revenue that will be reported on the income statement for the year 2019?
A. $35,200 B. $25,400 C. $28,800 D. $31,800