When public relations is conducted so as to be mainly reactive:
a. the response to crisis is guided by long-term strategy
b. the organization is defined by carefully designed messages over a long period of time
c. the environment, not the organization, sets the public relations agenda
d. the organization has control over how others see it
e. it is part of a careful long-range organization level process
C
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An adjusting entry is not required if the estimated payments made throughout the year are more than the actual taxes due
a. True b. False Indicate whether the statement is true or false
T-accounts have a left, or credit, side and a right, or debit, side
Indicate whether the statement is true or false
A truck with a book value of $1,400 is traded in on a new truck with a list price of $24,000 . A trade-in allowance of $3,500 is given by the seller of the new truck. The new truck should be recorded on the ledger of the buyer at:
a. $24,000 - $3,500 + $1,400 = $21,900 b. $24,000 + $3,500 - $1,400 = $26,100 c. $24,000 - $3,500 = $20,500 d. $24,000 e. $24,000 + $1,400 + $3,500 = $28,900
Consider the data on Inventory for Blenders Over a 20-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 30 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the holding costs per unit were $8, what are the total inventory costs for the 20-day period?
a. $2,184
b. $2,240
c. $2,296
d. $2,136