Stage 3 in the growth of a business is characterized by

A. a one-person operation.
B. hands-off management practices.
C. multi-layered organization.
D. the entrepreneur as a player-coach.


Answer: B

Business

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If a variable is measured on a nominal scale, the median should be used

Indicate whether the statement is true or false

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Data for an adjusting entry described as "accrued wages, $2,020" means to debit

A) Wages Expense and credit Wages Payable B) Wages Payable and credit Wages Expense C) Accounts Receivable and credit Wages Expense D) Drawing and credit Wages Payable

Business

Which of the following is true regarding the governmental fund statements?

A. Both The governmental fund statements include a Statement of Cash Flows prepared on the direct method; and the governmental fund statements are prepared using the economic financial resources measurement focus and modified accrual accounting are true. B. The governmental fund statements include a Statement of Cash Flows prepared on the direct method. C. The governmental fund statements are prepared using the economic financial resources measurement focus and modified accrual accounting. D. Neither the governmental fund statements include a Statement of Cash Flows prepared on the direct method; nor the governmental fund statements are prepared using the economic financial resources measurement focus and modified accrual accounting is true.

Business

Why do companies use electronic data interchange? What are its advantages and disadvantages?

What will be an ideal response?

Business