Procedures describe a general system or process while instructions describe the steps to perform a task
Indicate whether the statement is true or false
TRUE
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On January 2, 2014, Lionel Company issued $40,000 of notes payable, of which $10,000 is due on January 2 for each of the next four years. The proper balance sheet presentation on December 31, 2014, is
A) Current Liabilities, $40,000. B) Current Liabilities, $10,000; Long-Term Liabilities, $30,000. C) Long-Term Liabilities, $40,000. D) Current Liabilities, $30,000; Long-Term Liabilities, $10,000.
The values of the founders of companies and key leaders have an influence on ______.
A. organizational culture B. involvement C. adaptability D. mission
Companies may utilize various online content marketing techniques and sources. Which of the following is NOT a digital content marketing technique?
A. email marketing B. blog C. white paper D. video marketing E. guerrilla marketing
Which of the following statements is true of the processes included in the operating system of a small business?
A. They consist of the activities needed to satisfy the needs of employees and the public. B. They consist of the goods and services required by the customers. C. They include all the activities from obtaining raw materials through delivering the product to the customers. D. They involve converting inputs into goods the customers want, using the employees, machines, materials, and other factors.