Which of the following would not be considered a cash equivalent?
A) savings account fund to be used to retire bonds
B) commercial paper
C) undeposited credit card sales receipts
D) money market fund securities
A
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The smartest companies are those that ________
A) tie their products and services to larger societal causes B) think locally and act globally C) work with international organizations, such as the United Nations D) continuously come up with innovative advertising campaigns
The larger the deductible in an insurance policy the higher the insurance premium usually is
Indicate whether the statement is true or false
Ten years ago a corporation purchased a building for $160,000. At that time, the corporation felt that the business was worth $185,000. The current market value of the business is $460,000
The building has been assessed at $435,000 for property tax purposes. At which amount should the corporation record the building in its accounting records? A) $160,000 B) $185,000 C) $435,000 D) $460,000
Which of the following is NOT an advantage of a virtual company?
A) speed B) total control over every aspect of the organization C) specialized management expertise D) low capital investment E) flexibility