Which would NOT be an example of a for-profit business?

A) Burger King
B) PetCo
C) Red Cross
D) Kohls


C) Red Cross

Business

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A check drawn by a company for $270 in payment of a liability was recorded in the journal as $720. What entry is required in the company's accounts?

A) debit Accounts Payable; credit Cash B) debit Cash; credit Accounts Receivable C) debit Cash; credit Accounts Payable D) debit Accounts Receivable; credit Cash

Business

Federal deposit insurance insures each deposit you have with a bank up to $100,000

Indicate whether the statement is true or false

Business

In the context of globalization and ethical obligations of MNCs, the transfer of the labor force overseas creates:

A. an ideal environment for women to work in. B. an interesting dynamic in the scope of ethics and corporate responsibility. C. a general ambiance of nondiscriminatory practices. D. equal employment opportunities for both men and women.

Business

The sampling distribution for a goodness of fit test is the _____ distribution.

A. Poisson  B. t C. normal D. chi-square

Business