When a company accepts a credit card payment for a sale, the amount of sales revenue to be recorded is reduced by the amount of the credit card company's fee.
Answer the following statement true (T) or false (F)
False
Revenue is recorded for the full amount of the sale, and the fee is recorded as a separate expense. Income increases by the amount of revenue and decreases by the amount of the credit card expense. Net income increases by the difference between the two amounts.
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Corinne is looking forward to starting her new job at Flash Forward, a social-networking platform. Everything she has read suggests the company promotes a healthy work/life balance and supports causes that are important to her, such as sustainability and combating climate change. Walking to her desk on her first day, she sees posters in the hallway outlining the company values of "people over profit" and "work to live, not live to work." She smiles because that is how she feels about things, too. After a week on the job she finds herself eager to get to work each day and tackle new challenges, something she has never felt about a job before. Her co-workers are friendly and supportive, the management team seems genuinely concerned about morale and job satisfaction, and she learns the
company gives all employees one week off per year with pay to perform charitable work of their choosing. All this makes Corinne proud to be a Flash Forward employee. Corinne is experiencing a high degree of A. reality shock. B. subculture. C. basic underlying assumptions. D. anticipatory socialization. E. person-organization fit.
Identify the letter of the choice that best matches the phrase or definition.
A. Technologies that are used to gather and report information that supports intelligent business decision making B. A process that takes place in three stages: intelligence, design, and choice C. An information system that integrates all data processing in a corporation into one unified system that draws from a common database system D. An information system capable of storing, manipulating, and displaying geographic information and maps E. The process of determining what problem data is required for a given result F. The hardware, software, people, databases, and procedures needed to provide effective support in group decision-making settings G. System that assists an organization in capturing, storing, and distributing knowledge for use and reuse by the organization H. An information system that helps individuals and organizations achieve their goals by providing reports and information to make better decisions I. Decision that deals with unusual or exceptional situations; difficult to represent as a rule, procedure, or quantitative method J. Conceptualization that finds the best solution, usually the one that will best help individuals or organizations meet their goals K. A process that includes five stages: intelligence, design, choice, implementation, and monitoring L. The process of making hypothetical changes to problem data and observing the impact on the results
Dynamic modeling must show not only who interacts with whom and how, but in what ________
A) order B) location C) area D) setting
Organizations have horizontal and vertical divisions
Indicate whether the statement is true or false