Philo wants to start a new business enterprise. Because it is difficult, if not impossible, to keep up with the many legal rules that govern business conduct, Philo most likely needs to consult
A. an accountant.
B. an attorney.
C. an experienced small-business owner.
D. a partner.
Answer: B
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When treasury stock is resold for an amount less than its cost, the difference between the sales price and the cost is deducted from the Additional Paid-In Capital—Treasury Stock account or the Retained Earnings account (if the Additional Paid-In Capital—Treasury Stock account does not exist)
a. True b. False Indicate whether the statement is true or false
Refer to the selected data provided for Bloom's Garden Center. Which of the following would result from a vertical analysis of Bloom's income statement?
A) The accounts receivable turnover ratio is 6.35 in 2012. B) Gross profit is 50% of net sales for 2012. C) Cost of goods sold increased $20,000 or 11.11% during 2012. D) Net sales is 88.9% of total assets for 2012.
The constitutional doctrine that each of the three branches of government has separate and distinct powers is known as _______
Fill in the blanks with correct word
Which of the following statements is true about business intelligence (BI) publishing alternatives?
A) Dynamic reports are published as PDF documents. B) The push option is manual for Web servers and SharePoint. C) BI servers extend alert/RSS functionality to support user subscriptions. D) Publishing static BI content requires more skill, compared to publishing dynamic BI content.