Creativity and problem-solving ability are considered to be part of ________ capital.
A. social
B. human
C. emotional
D. physical
Answer: B
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Explain forbearance to sue as it relates to consideration.
What will be an ideal response?
The board of directors of Berweck Corporation declared a cash dividend on January 18, 2010, to be paid on February 18, 2010, to shareholders holding the stock on February 2, 2010 . Given these facts, the date February 2, 2010, is referred to as the
a. date of declaration. b. date of payment. c. ex-dividend date. d. date of record.
Answer the following statements true (T) or false (F)
1. The statement of retained earnings reports how the company's retained earnings balance changed from the beginning of the period to the end of the period. 2. A deficit occurs when a company has reoccurring losses and/or declares dividends in excess of retained earnings. 3. Most states prohibit corporations from paying a dividend if a deficit will occur. 4. A net loss for the year decreases the balance in Retained Earnings. 5. Errors are corrected by adjusting the beginning balance in the Retained Earnings account in the period the error is discovered.
A cash budget
A) is an optional feature of a master budget. B) requires input from all parts of the organization. C) involves nonmonetary information. D) can only be prepared at year end.