Wrongful discharge is a:
a. felony
b. minor misdemeanor c. major misdemeanor d. tort
e. civil crime
d
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A disadvantage of the corporate form of business entity is
a. mutual agency for stockholders b. unlimited liability for stockholders c. corporations are subject to more governmental regulations d. the ease of transfer of ownership
[APPENDIX] When a company has a credit balance in its Deferred Tax account, this amount would appear as a(n)
a. contra asset on the balance sheet. b. stockholders' equity account on the balance sheet. c. expense account on the income statement. d. liability account on the balance sheet.
The income statement reports
A) revenues and expenses for a given point in time. B) revenues and expenses for a specific date. C) revenues, expenses, gains and losses for a specified period of time. D) revenues, expenses, gains and losses for a specific date.
_____ are the means for achieving goals
a. Targets b. Strategies c. Objectives d. Milestones e. Tasks