On a common-size balance sheet, current assets should be stated as a percentage of:

A) net income.
B) current assets.
C) cash.
D) total assets.


D

Business

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A characteristic of a fixed asset is that it is

a. used in the operations of a business b. a short-term investment c. intangible d. held for sale in the ordinary course of the business

Business

A chart of accounts doesn't include

a. account balances; b. liabilities; c. owner's equity; d. revenue and expenses; e. assets

Business

In a straight rebuy, ________

A) the "in" suppliers try to maintain product and service quality to keep the business B) the "in" suppliers feel pressured to protect an account C) the "out" suppliers view the situation as an opportunity to gain new business D) a company buys a product or a service for the first time E) buyers are keen on revising product specifications

Business

Cultures low in ______ are more compatible with organization development, with more decentralized, flatter, and collaborative organizations.

a. power distance b. uncertainty avoidance c. indulgence d. restraint

Business