The purpose of an online social network is to build social relationships among its members. _________________________
Answer the following statement true (T) or false (F)
True
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Some companies use automated payment processing technology in which paper checks that may arrive at a lockbox are converted into electronic payments then the check itself is destroyed. This process is referred to as ?
A) internal control over payments. B) Check 21. C) accounts receivable conversion. D) electronic funds transfer.
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$357,000?debitAllowance for uncollectible accounts 520?debitNet Sales 802,000?creditAll sales are made on credit. Based on past experience, the company estimates 0.4% of net credit sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
A. Debit Bad Debts Expense $3208; credit Allowance for Doubtful Accounts $3208. B. Debit Bad Debts Expense $1948; credit Allowance for Doubtful Accounts $1948. C. Debit Bad Debts Expense $1428; credit Allowance for Doubtful Accounts $1428. D. Debit Bad Debts Expense $3728; credit Allowance for Doubtful Accounts $3728. E. Debit Bad Debts Expense $2688; credit Allowance for Doubtful Accounts $2688.
Ainsworth is a toy manufacturer based in Australia. Which of the following most likely indicates that Ainsworth is following a diversification strategy?
A) Ainsworth increases its spending on advertising and promotion. B) Ainsworth acquires the rights to manufacture toys resembling a popular cartoon character. C) Ainsworth introduces its toys in the Indian and South-East Asian markets. D) Ainsworth enters the U.S. market with a line of children's clothing. E) Ainsworth develops a new line of educational toys targeting its current market.
Which global leader behavior is also a leader behavior in path-goal theory?
A. charismatic/values-based B. team oriented C. autonomous D. participative