Only in communist countries do governments own the factors of production.
Answer the following statement true (T) or false (F)
False
Often capitalist governments own the factors of production.
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Which of the following is communication focused on developing, maintaining, and repairing the relationships between group members rather than a type of communication identified by functional group decision making as related to making the best decision.
A. promotive B. disruptive C. counteractive D. socioemotional
The "Cycle of Mediocrity" is most often found in large, bureaucratic organizations like regulated oligopolies
Indicate whether the statement is true or false
A bail bond is an example of a letter of credit
Indicate whether the statement is true or false
A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Retained earnings in the process of closing the Income Summary account? (Assume all accounts have normal balances.) Retained earnings$7750?Dividends 10,850?Revenue 31,000?Rent expense 3100?Salaries expense 7250?Insurance expense 345?Depr. Expense-equipment 520?Accum depr.-equipment 1560?
A. $34,285 credit. B. $21,345 credit. C. $19,785 credit. D. $8935 credit. E. $25,485 debit.