Which of the following is not one of the general categories of torts?
A) Negligence B) Rational C) Strict liability D) Intentional
B
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A company uses the perpetual inventory system and recorded the following entry:Accounts Payable2,500 Merchandise Inventory 50Cash 2,450This entry reflects a:
A. Purchase of merchandise on credit. B. Payment of the account payable less a 1% cash discount taken. C. Return of merchandise. D. Sale of merchandise on credit. E. Payment of the account payable less a 2% cash discount taken.
Which of the following is not a state remedy for broker breaches of fiduciary duties?
A) Censure B) Revocation of license C) Suspension of license D) All of the above are appropriate remedies
The participative management approaches that are highly recommended by many American researchers can be counterproductive in many cultures.
Answer the following statement true (T) or false (F)
You are considering an investment in IBM stock and wish to assess the firm's long-term debt-paying ability and its use of debt financing. All of the following ratios can be used to assess solvency except:
A. Debt to assets ratio. B. Net margin. C. Number of times interest is earned. D. Debt to equity ratio.