The word entrepreneur is derived from the French entreprendre, which is translated as
a. to apprehend.
b. to undertake.
c. to compete.
d. to enter and dare.
ANSWER: b
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Reversing entries simplify the entries to pay accrued liabilities from the previous accounting period.
Answer the following statement true (T) or false (F)
Landess Corporation currently has 129,000 shares outstanding of $3 par value common stock
The stock was originally issued for $14 per share. On March 15, the board of directors declares a 13% stock dividend when the stock is selling for $22 per share. Which of the following is the correct journal entry to record this transaction? (Do not round intermediate calculations.) A) debit Common Stock Dividend Distributable $50,310, debit Paid-In Capital in Excess of Par-Common for $318,630 and credit Retained Earnings $368,940 B) debit Stock Dividends $368,940 and credit Common Stock Dividend Distributable $368,940 C) debit Stock Dividends $368,940, credit Common Stock Dividend Distributable $50,310 and credit Paid-In Capital in Excess of Par-Common $318,630 D) debit Paid-In Capital in Excess of Par-Common $368,940 and credit Retained Earnings $368,940
Any distraction that reduces the effectiveness of the communication process is called
A. clutter. B. noise. C. interference. D. static. E. resonance.
According to D. Quinn Mills, companies at stage 5 on the human resource planning (HRP) continuum:
A. treat HRP as an important and vital part of their long-term business plan. B. engage in some aspects of HRP apart from the long-term business plan. C. have no long-term business plan. D. have a long-term business plan, but tend to be skeptical of HRP.