How did the Obama administration differ from the Reagan and Bush administrations with respect to business ethics?
a. It sought to increase environmental protection while decreasing consumer protection regulation.
b. It sought to decrease general regulation of business.
c. It sought to increase general regulation of business.
d. It did not make regulation or deregulation of business a priority.
c. It sought to increase general regulation of business.
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Discuss the relationship between training, development, and careers.
What will be an ideal response?
On the income statement, all income taxes should be centralized in the Income Taxes Expense account
Indicate whether the statement is true or false
Barbara owes Arthur $2,000 . On July 1, Arthur assigns the right to the $2,000 to Caleb. Thereafter, on July 15, Arthur assigns the same right to David, who in good faith gives value for it and knows nothing about the first assignee. In this case:
a. Caleb has the right to the payment of $2,000. b. David has the right to the $2,000. c. neither Caleb nor David can claim the $2,000. d. The rule differs by state.
A physical count of supplies on hand at the end of May for Masters, Inc. indicated $1,250 of supplies on hand. The general ledger balance before any adjustment is $2,100. What is the adjusting entry for office supplies that should be recorded on May 31?
A. Debit Supplies Expense $1,250 and credit Supplies $1,250. B. Debit Supplies Expense $1,250 and credit Supplies $2,100. C. Debit Prepaid Supplies $850 and credit Supplies Expense $850. D. Debit Supplies $1,250 and credit Cash $1,250. E. Debit Supplies Expense $850 and credit Supplies $850.