Wal-Mart sells many health and beauty aid products under the name, Equate.  This brand can only be purchase in Wal-Mart stores and is an example of a(n) _____ brand.

A. manufacturers'
B. international
C. family
D. private
E. corporate


Answer: D

Business

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Regarding government sources of information:

a. accessing federal records is generally inexpensive. b. federal records are generally not as useful as state records in fraud investigations. c. military records are confidential and require a subpoena to access. d. IRS records are readily available to the public and are very useful in fraud investigations.

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Experts estimate that more than _______ percent of the population will not be capable of making their own medical decisions at the end of their lives.

A. 25 B. 50 C. 75 D. 90

Business

Nancy was elected union shop steward to represent the interests of her coworkers in a grievance about overtime for the night-shift employees

When Nancy and the employees' immediate supervisors could not come to agreement over the issue, the union's grievance committee took the issue higher up in management. When an agreement still was not reached, the union members and management agreed to arbitration. What did both sides understand would happen next? What will be an ideal response?

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Richard Redden, the sole stockholder, contributed $70,000 in cash and land worth $130,000 in exchange for common stock to open a new business, RR Consulting. Which of the following general journal entries will RR Consulting make to record this transaction?

A) Debit Assets $200,000; credit Common Stock, $200,000. B) Debit Cash and Land, $200,000; credit Common Stock, $200,000. C) Debit Cash $70,000; debit Land $130,000; credit Common Stock, $200,000. D) Debit Common Stock, $200,000; credit Cash $70,000, credit Land, $130,000. E) Debit Common Stock, $200,000; credit Assets, $200,000.

Business