To close Income Summary at the end of the year, Retained Earnings is credited for the amount of net income
a. True
b. False
Indicate whether the statement is true or false
True
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Madsen, Inc. intends to increase its profits by 50% in the next fiscal year. Which of the following is most likely to be a lead indicator in Madsen's performance report?
A) return on investment B) number of repeat customers C) net profit margin D) sales revenue growth
According to the Myers–Briggs type indicator (MBTI), which of the following personality characteristics is related to making quick decisions or being flexible?
A. introversion/extraversion B. sensing/intuition C. thinking/feeling D. judging/perceiving
For an effective interview, you should lead with your knowledge and strengths. This shows that you've done your homework on the organization
Indicate whether the statement is true or false
A distributor of plumbing supplies purchases a desktop computer to aid in inventory control. This computer is an example of which type of business product?
A. Raw material B. Installations C. Accessory equipment D. Component part E. Process material