A firm's stakeholders generally do NOT include ________
A) investors
B) journalists
C) customers
D) employees
E) audiences
B
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Co-op advertising programs often stipulate each of the following items, except:
A) monies are accrued for purchases over time B) no competing products can be advertised C) the manufacturer's product must be displayed prominently in the ad D) retailers must pay the agency fees
Acquisitions to increase market power require that the firm have a(n) __________ diversification strategy.
A. unrelated B. related C. dominant-business D. single-business
An adjusting entry was made on year-end December 31 to accrue salary expense of $1900. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $4400 payment of salaries in January of the following year?
A.
Salaries Payable | 1900? | |
Cash | 1900? |
B.
Salaries Payable | 4400? | |
Cash | 4400? |
C.
Salaries Payable | 1900? | |
Salaries Expense | 2500? | |
Cash | 4400? |
D.
Salaries Expense | 4400? | |
Cash | 4400? |
E.
Salaries Expense | 1900? | |
Salaries Payable | 1900? |
A corporation may carry a net capital loss forward five years to offset capital gains in future years but it may not carry a net capital loss back to offset capital gains in previous years.
Answer the following statement true (T) or false (F)