________ helps an entrepreneur succeed.
A. Fending off constructive criticism
B. Risk aversion
C. Tolerance of ambiguity and uncertainty
D. Encouragement of centralization
E. Maintenance of the status quo
Answer: C
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Lightning Delivery, Inc purchased a truck on January 1, 2013, for $30,000 . The truck had an estimated life of 5 years and an estimated residual value of $5,000 . Lightning Delivery used the straight-line method to depreciate the asset. On July 1, 2015, the truck was sold for $17,000 cash. The journal entry to record the sale of the truck in 2015
a. decreases stockholder's equity b. increases total assets c. decreases total expenses d. increases net income
______ order works well for speaking of processes and procedures because it naturally reflects the sequence, approach, or series of steps used from start to finish in making or doing something.
a. Topical b. Spatial c. Cause and effect d. Chronological
Which sentence is expressed correctly?
A) Thirty-eight of our employees were semiretired. B) Thirty eight of our employees were semi-retired. C) Thirty eight of our employees were semiretired.
On June 1, a civic club made an offer to pay a beer distributor to have ten kegs delivered to the city park for a July 4th fund-raising event. On June 30, the city passed a new law prohibiting consumption of alcohol in the city park. The civic club's offer is terminated on June 30
a. True b. False Indicate whether the statement is true or false