When transferring investments between categories, unrealized holding gains for securities transferred from trading to available-for-sale
A) must be realized on the income statement.
B) must be recognized on the income statement.
C) must be realized and reported in comprehensive income.
D) need no accounting since they have already been recognized in net income.
D
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________ planning dominates managers' planning efforts at lower levels of the organization.
A. Strategic B. Organization-wide C. Operational D. Directional
Which of the following entries records the payment of an account payable?
A) debit Cash; credit Accounts Payable B) debit Accounts Receivable; credit Cash C) debit Cash; credit Supplies Expense D) debit Accounts Payable; credit Cash
A situation that occurs when businesses have founders or owners who are passionate about one or two of the key business functions, such as sales, operations, accounting, finance, or human resources is known as ________.
A. maximized business professionalization B. expert business professionalization C. minimized business professionalization D. specialized business professionalization
Which of the following refers to the belief that decisions with environmental consequences should not discriminate against poor and minority communities?
a. Fair allocation b. Brownfield containment c. Environmental justice d. Equitable allocation