The form of business ownership that is the most easily transferable is the:

a. general partnership.
b. corporation.
c. limited liability company.
d. limited partnership.


b

Business

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The four functions performed by the CPU in every cycle are fetch, decode, execute, and _____.

A. encode B. run C. encrypt D. store

Business

Relate the three classes of buying decisions to the involvement of the customer in making the purchase decision. Provide an example for each type of purchase decision.

What will be an ideal response?

Business

Goods in transit shipped FOB shipping point should be included in the seller's ending inventory

Indicate whether the statement is true or false

Business

On November 1, Year 1, Dorian Collections Agency accepted a $100,000, 3-month note from a customer. The note earns 9% interest per year. What is the amount of interest receivable recorded by Dorian Collections Agency at December 31, Year 1? (Assume no other entries to record interest have been made.)

a. $9,000 b. $1,500 c. $750 d. $0, because interest is not due until February 1 of Year 2 e. $900

Business