______________ should view themselves as active owners of the firm, not just investors.
a. Board of directors
b. Institutional shareholders
c. Senior management
d. Employees
b. Institutional shareholders
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Which of the following is not considered a business (source) document?
a. Time card b. Purchase order c. Sales invoice d. Schedule listing all the insurance policies in force
Using the RIASEC model, if you want to hire an employee with imagination, you are probably looking for someone whose personality type is more ______.
A. realistic B. artistic C. social D. conventional
Which of the following practices helps to protect consumers from spamming?
A) puffery B) permission marketing C) pop-up blocking D) adware installation E) sampling
On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note require Stratton to pay 10 equal payments of $14,238 each December 31 for 10 years. The required general journal entry to record the first payment on the note on December 31, Year 1 is:
A. Debit Notes Payable $14,238; credit Cash $14,238. B. Debit Notes Payable $10,000; debit Interest Expense $4,238; credit Cash $14,238. C. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238. D. Debit Notes Payable $7,000; debit Interest Expense $7,238; credit Cash $14,238. E. Debit Notes Payable $10,000; debit Interest Expense $7,000; credit Cash $17,000.