The beginning of management as a field of study dates back to the ______.

A. 17th century
B. 18th century
C. 19th century
D. 20th Century


C. 19th century

Business

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Purchaser Corporation acquires 30% of the outstanding voting common shares of the Investee Corporation for $600,000 . Purchaser Corporation acquires the investment in Investee Corporation by buying previously issued shares of Investee Corporation from other investors. When Purchaser Corporation acquired 30% of Investee Corporation's common shares for $600,000, Investee Corporation's total

shareholders' equity was $1.5 million. Purchaser Corporation's cost exceeds the carrying value of the net assets acquired by $150,000 [ $600,000 - (0.30 x $1,500,000)]. What is/are the accounting procedure(s) for this premium? a. The investor's accounting for the excess purchase price embedded in the Investment in Stock of Investee Corporation account is similar to the treatment of an excess purchase price in a business combination. b. The investor identifies any recorded assets and liabilities with fair values that differ from their carrying values, as well as any unrecorded assets and liabilities. c. The investor attributes the excess purchase price to the assets and liabilities with fair values that differ from their carrying values, as well as any unrecorded assets and liabilities, based on the investor's proportionate ownership interest. d. The investor attributes the excess purchase price to the assets and liabilities with fair values that differ from their carrying values, as well as any unrecorded assets and liabilities, based on the investor's proportionate ownership interest and any remaining excess purchase price to goodwill. e. all of the above

Business

Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. In order to make it look like he earned the drug money legitimately, Richard has hired crooks to take the illegal money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. What crime is Richard committing in converting his drug money to alleged legal money?

A. money laundering B. misappropriation C. extortion D. embezzlement

Business

Final proofreading of an important business document should typically be done

a. from the computer screen. b. from a draft paper copy. c. from a final copy on company letterhead. d. from an archive file copy.

Business

The following transactions occurred last year at Dempsey Inc Issuance of common stock $ 50,000 Dividends paid to common stockholders 3,000 Depreciation Expense 6,000 Repayment of principal on the company's own bonds 40,000 Sale of equipment 17,000 Purchase of land 120,000 Based solely on the above information, the net cash flows from financing activities for the year on the statement cash flows

would be: A) $249,000. B) $7,000. C) $(103,000). D) $(6,000).

Business