Where in the axis that differentiates between retailers does IKEA fall?
A) quadrant A
B) quadrant B
C) quadrant C
D) quadrant D
E) quadrant E
A
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The premium on a two-year insurance policy expiring on June 30, 2015, was paid in total on July 1 . 2013 . The original payment was debited to the insurance expense account. The appropriate journal entry has been recorded on December 31 . 2013 . The balance in the prepaid asset account on December 31 . 2013 . should be
a. the same as the original payment. b. higher than if the original payment had been initially debited to an asset account. c. lower than if the original payment had been initially debited to an asset account. d. the same as it would have been if the original payment had been initially debited to an asset account.
Michael wanted to try out his new hand gun. He set up a target in his back yard for firing practice. Stella's house, which is located on the lot directly behind Michael's property, happened to be directly in the line of fire. Michael's first shot missed the target and the bullet crashed through Stella's kitchen window, striking and seriously injuring her. Which of the following legal theories would be best for Stella's attorney to use in a lawsuit against Michael?
A. doctrine of unintentional tort B. doctrine of proximate cause C. res ipsa loquitur D. gross negligence
Which of the following is not a major difficulty in conducting a retail audit?
a. An audit may be very time-consuming. b. An audit may be quite costly. c. A yearly audit may be much too frequent. d. Employees may feel threatened and not fully cooperate.
The interest rate is also called the ________ rate.
What will be an ideal response?