Globalization stirs fierce debate, especially when it comes to
A. equal pay for women.
B. jobs.
C. proprietary technology.
D. information exchange.
Answer: B
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If a corporation has issued common stock at various prices that exceed par value, legal capital will be made up of the
A) par value of the shares issued. B) total stockholders' equity plus total liabilities. C) total amount of contributed capital. D) total amount of contributed capital plus retained earnings.
Which of the following price adjustment strategies involves reducing prices to reward customer responses such as volume purchases, paying early, or participating in sales-support programs?
A) product bundle pricing B) captive product pricing C) product line pricing D) dynamic pricing E) discount and allowance pricing
It is important to surround ourselves with the right people if:
a. we know ourselves and we know what we are striving towards b. we know what we are striving towards c. we know what we believe in and what we are striving towards d. we know what we believe in, what we are striving towards, and know ourselves
Under the perpetual inventory system, in addition to making the entry to record a sale, a company would:
a. debit Merchandise Inventory and credit Cost of Goods Sold. b. debit Cost of Goods Sold and credit Purchases. c. debit Cost of Goods Sold and credit Merchandise Inventory. d. make no additional entry until the end of the period.