Which of the following is a characteristic of a learning organization?
A. contingent workforce
B. multiple structural and physical barriers
C. empowered work teams
D. several managerial roles to direct and control employees
Answer: C
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The F. Mercury, Capital account has a credit balance of $37,000 before closing entries are made. Total revenues for the period are $55,200, total expenses are $39,800, and withdrawals are $9,000. What is the correct closing entry for the expense accounts?
A. Debit Income Summary $39,800; credit Expense accounts $39,800. B. Credit Expense accounts $39,800; debit F. Mercury, Capital $39,800. C. Debit Expense accounts $39,800; credit Income Summary $39,800. D. Debit Expense accounts $37,000; credit F. Mercury, Capital $37,000. E. Debit Income Summary $39,800; credit F. Mercury Capital $39,800.
Impression management strategies have been found to be based on three areas including ______.
A. intimidation B. supplication C. organization focused D. supervisor focused
Which one of the following is an example of cash flows from operating activities?
A. Receipts of cash from sales. B. Payments to acquire equity securities of other companies. C. Proceeds from collecting the principal amounts of loans. D. Proceeds from the issuance of bonds and notes payable. E. Repayment of principals on loans.
Taxpayers can claim a child tax credit for each qualifying child. How is a qualifying child defined?
What will be an ideal response?