How many off-the-book entities had Enron created?

a. 125
b. 452
c. 1200
d. 3000


.D

Business

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Marsha Bogswell is the sole stockholder of Bogswell Legal Services. Which accounting principle requires Marsha to keep her personal financial information separate from the financial information of Bogswell Legal Services?

A. Expense recognition (Matching) principle. B. Measurement (Cost) principle. C. Business entity assumption. D. Monetary unit assumption. E. Going-concern assumption.

Business

What lesson can marketers draw from the case of Molson Coors Brewing Company's venture into social networking?

What will be an ideal response?

Business

Caleb's 2018 medical expenses before reimbursement for the year include the following:

Medical premiums $11,000 Doctors, hospitals $3,500 Prescriptions $600 Caleb's AGI for the year is $50,000. He is single and age 58. Caleb also receives a reimbursement for medical expenses of $1,000. Caleb's deductible medical expenses that will be added to the other itemized deduction will be A) $10,350. B) $9,100. C) $14,100. D) $10,100.

Business

Successful first movers create a market or a product category. They often benefit from being readily recognizable to consumers and

A. not having to pay advertising expenses. B. using prototypes to dominate the market. C. motivating laggards to buy their products. D. not needing to do test marketing. E. establishing an early market share lead.

Business