To close temporary accounts with debit balances, credit the account for its balance and debit the capital account for the same amount
Indicate whether the statement is true or false
F
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Identify three reasons social media are rarely the only source of communications for a brand
What will be an ideal response?
________ is variation in a production process that can be traced to specific causes
Fill in the blanks with correct word
A study has been conducted to determine if one of the departments in Carry Corporation should be discontinued. The contribution margin in the department is $80,000 per year. Fixed expenses charged to the department are $95,000 per year. It is estimated that $50,000 of these fixed expenses could be eliminated if the department is discontinued. These data indicate that if the department is discontinued, the yearly financial advantage (disadvantage) for the company would be:
A. $15,000 B. ($30,000) C. ($15,000) D. $30,000
Which of the following is not one of Novak's seven internal responsibilities of a corporation?
a. To create new wealth b. To defeat envy c. To make charitable contributions d. To create new jobs