The marketing manager at Little Red Architects, a firm that specializes in the design of school buildings, discovered a glitch in the software that the firm uses. As a result, some of its most recent projects will come in over budget. In the context of SWOT analysis, a discussion of this would be included under ________.
A. strategies
B. opportunities
C. threats
D. weaknesses
E. strengths
Answer: D
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On July 1 Olive Co. paid $7,500 cash for management services to be performed over a two-year period. Olive follows a policy of recording all prepaid expenses to asset accounts at the time of cash payment. On July 1 Olive should record:
A. A debit to Cash for $7,500 and a credit to an expense for $7,500. B. A credit to a prepaid expense and a debit to Cash for $7,500. C. A debit to an expense and credit to Cash for $7,500. D. A debit to a prepaid expense and a credit to Cash for $7,500. E. A debit to an expense and credit to a prepaid expense for $7,500.
In Six Sigma, the goal of quality perfection is represented by having a process sample average that falls below a control limit that is placed how far above the true process mean?
a. Three standard deviations b. One standard deviation c. Six standard deviations d. Four standard deviations
Which of the following is not true about disability insurance?
A) Employer paid disability insurance policies continue in force after you have separated from the employer. B) Disability insurance protects your net worth. C) Private disability insurance pays over and above social security disability should you become disabled. D) A, B and C are all true.
Jill is considering making a donation to her church. She wants to give $50,000 for the new church building. She has some stock with a FMV of $50,000 and an adjusted basis of $10,000 that she has held for 3 years. She is planning to sell the stock and donate the $50,000 proceeds to the church. What should she consider before taking that action?
What will be an ideal response?