One danger of relying too heavily on a technical presentation is:
A) bringing along heavy equipment
B) missing the opportunity to create a relationship with the customer
C) impressing the customer with your technical savvy
D) failing to convey product knowledge
E) using unnecessarily expensive devices
B
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If a company receives $11,300 from a stockholder, the effect on the accounting equation would be:
A. Assets increase $11,300 and liabilities decrease $11,300. B. Liabilities increase $11,300 and equity decreases $11,300. C. Assets decrease $11,300 and equity decreases $11,300. D. Assets increase $11,300 and liabilities increase $11,300. E. Assets increase $11,300 and equity increases $11,300.
Which of the following is a performance measure?
A) Quality of raw materials used in production B) Number of orders shipped in a day C) Level of customer satisfaction D) All of these choices
Interpreting Quantitative Data Your company has surveyed employees to determine their interest in learning about financial planning. Based on the responses, the company will develop training for employees who are interested. The table shows the total
employee responses, using the raw data and percentages. The results of this survey will be reported to the director of Human Resources and used to develop a financial planning training seminar for employees. Personal Development Need Number Percentage Retirement Annuity 128 32 Traditional and Roth IRA 104 26 Mutual Funds 80 20 Internet Stock Trading 52 13 Effective Charitable Giving 36 9 Totals 400 100 Required: Write an analysis of this data that explains the results of the survey. This analysis will appear in the written report to the director of Human Resources.
A business borrows cash by signing a note payable. Which of the following accounts is debited?
A) Notes Payable B) Accounts Payable C) Notes Receivable D) Cash