The Income Summary account has a credit balance of $20,000 after the revenue and expense accounts have been closed. Which of the following is to be credited to close the Income Summary account?
A) Dividends
B) Sales Revenue
C) Cost of Goods Sold
D) Retained Earnings
D
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What criteria should Carvel use in deciding an appropriate positioning in China?
What will be an ideal response?
Which of the following is NOT true of an extemporaneous business presentation?
a. The presentation is planned, prepared, and rehearsed. b. The speaker may utilize note cards, an outline, or other reminders during the presentation. c. The presentation is written in detail to serve as a visual reminder during the delivery. d. All of the above are true.
Exceptions to the use of the inductive approach for bad news messages include
a. messages addressing an insignificant matter. b. memos sent within the company. c. oral presentations. d. all of the above.
Consumption ratios are useful in determining the existence of product-line diversity.
Answer the following statement true (T) or false (F)