Ideas can be copyrighted.

a. true
b. false


Answer: b. false

Business

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Which of the following statements is TRUE of the budgeting process?

A) If a company carefully plans for its future, there will be no need to make modifications during the budget period. B) It is a continuous process that encourages communication. C) It shows the actual performance of the business. D) Managers and employees are motivated to accept the budget's goals because they enjoy having their work monitored and evaluated.

Business

Figgaro Company's accounts and their balances, as of the end of August, are included below. All accounts have normal balances: Accounts receivable…..$36,000?Cash…………………….$27,000Equipment……………..59,000?Advertising expense…5,000Service revenues earned.75,000?Accounts payable………31,000Rent expense…………..3,600?Dividends..24,000Office supplies………1,500?Salaries expense………..30,000Notes payable…………22,000?Common Stock…….. 58,100a. Calculate net income.b. Determine the amount of retained earnings to be shown on the August 31 balance sheet.

What will be an ideal response?

Business

Confidential information, such as medical and court records, is protected by right-to-privacy laws

Indicate whether the statement is true or false

Business

Any reference to some other agreements in a note would make it non-negotiable

Indicate whether the statement is true or false

Business