Clubs that are open to everyone who purchases a product or service are good for building a customer database

Indicate whether the statement is true or false


TRUE

Business

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Exhibit 15-1 Hanson Co issued 10,000 shares of its $5 par common stock for $15 a share. In addition, it incurred legal and accounting fees, stock certificate costs, and other related expenses totaling $18,500. ? Refer to Exhibit 15-1. Assume the sale was the initial issuance of stock at incorporation for Hanson Co The entry to record the sale would include a

A) credit to Cash for $150,000. B) credit to Common Stock for $150,000. C) debit to Organization Expense for $18,500. D) credit to Additional Paid-in Capital on Common Stock for $81,500.

Business

Emotions are ______.

A. not intense enough to disrupt a person’s thinking B. triggered by specific events C. more enduring than moods D. long-lasting

Business

Very large retail organizations are best able to use which type of person to conduct an audit?

a. company department managers b. consultants c. outside auditors d. company specialists

Business

Divisions in a decentralized company can be created along which of the following lines?

A) geographical B) types of goods or services produced C) type of responsibility given to divisional manager D) two or more of the other answers are correct E) none of these

Business