Cloud resources are ________ because many different organizations use the same physical hardware
A) elastic
B) pooled
C) programmatic
D) portable
B
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Answer the following statements true (T) or false (F)
1) Cost of Goods Sold appears on a multi-step income statement but not on a single-step income statement. 2) The net income calculated using either the single-step or multi-step income statement formats is always the same. 3) Operating income equals gross profit minus operating expenses. 4) Under IFRS, Cost of Goods Sold represents a functional expense which explains the purpose of the cost incurred. 5) A single-step income statement shows subtotals for gross profit and operating income.
Cushion Sports accepted a credit card account receivable in exchange for $5,000 of services provided to a customer. The credit card company charges a 5% service charge. Recording the transaction in the company's accounting records will have what effect on the accounting equation?
a. Increase assets and equity by $4,750 b. Decrease assets and equity by $250 c. Increase assets by $5,000 d. Increase equity by $5,000
The Marketing Research Association started a Certification program for marketing researchers in 1960
Indicate whether the statement is true or false
The key findings of the GLOBE project are collectively referred to as the ______ theory.
A. diversity culture B. international endorsed C. super leadership endorsed D. culturally endorsed leadership