A statement that identifies fundamental beliefs about what is important to an organization is referred to as a ______________________________
Fill in the blank(s) with correct word
values statement
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When a company decides to enter a line of business that is farther away from its final customer, what type of growth strategy is this called?
a. backward integration b. forward integration c. related diversification d. unrelated diversification
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$375,000debitAllowance for uncollectible accounts 500debitNet Sales 800,000creditAll sales are made on credit. Based on past experience, the company estimates 0.6% of net credit sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
A. Debit Bad Debts Expense $4,300; credit Allowance for Doubtful Accounts $4,300. B. Debit Bad Debts Expense $5,300; credit Allowance for Doubtful Accounts $5,300. C. Debit Bad Debts Expense $2,130; credit Allowance for Doubtful Accounts $2,130. D. Debit Bad Debts Expense $2,630; credit Allowance for Doubtful Accounts $2,630. E. Debit Bad Debts Expense $4,800; credit Allowance for Doubtful Accounts $4,800.
Which of the following sentences is best expressed?
A) Each mechanic should submit his hours by Monday. B) Each mechanic should submit his or her hours by Monday. C) Each mechanic should submit their hours by Monday.
A(n) ________ grants the licensee exclusive rights to use information rights for a specified duration.
A. service agreement B. ISP covenant C. digital application D. exclusive license