Which of the following statements about professional management is not true?
A. As small businesses grow, the requirements of managing them increase proportionately.
B. Professional management is not an issue of education, titles, or credentials.
C. Professional managers are easy to find.
D. A professional manager uses a systematic approach to analyzing and solving business problems.
Answer: C
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________ furnish proof that a transaction has taken place
a. Journals b. Ledgers c. Trial balances d. Source documents
The development of a new information system is economically justified if the _____.
A. benefits outweigh the costs B. operational costs are high C. return on investment is negative D. costs exceed returns
The founder of Chobani Greek Yogurt, who won the 2013 Ernst & Young World Entrepreneur of the Year award, is
A. David Windorski. B. Robert M. McMath. C. "Trader" Joe Demapolis. D. Mark Zuckerberg. E. Hamdi Ulukaya.
Carriveau Corporation has two divisions: Consumer Division and Business Division. The following data are for the most recent operating period: Consumer DivisionBusiness Division Sales$331,000$245,000 Variable expenses$102,610$58,800 Traceable fixed expenses$149,000$139,000 The company's common fixed expenses total $63,360.The Business Division's break-even sales is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $182,895 B. $266,263 C. $488,153 D. $218,355