A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $20 . What is the amount of revenue realized from the sale?
a. $0
b. $5,000
c. $2,500
d. $10,000
a
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For a change in accounting principles that management does not justify to the auditor, the auditor will likely choose between a qualified and an adverse opinion
a. True b. False Indicate whether the statement is true or false
Which method of stating the facts in a legal memorandum states the facts in the order in which they occur?
a. Chronologically b. By party c. According to the elements of a cause of action d. All of the above
Your sales manager is wondering how to get a quick benchmark of potential sales across all her reps. Since she does not have a quantitative background, what method would you suggest she use?
A. a competitive benchmark report B. an equalized workload report C. a span of control report D. an incremental productivity report E. a salesforce composite report
The term individual differences refers to the fact that
A) members of the same group behave approximately the same. B) members of the same group often behave quite differently. C) many individuals have personality problems. D) many individuals have intellectual problems.