Taking the opportunity to correct misinformation or explain how mistakes will be fixed allows an organization using social media to do what
A) Limit information shared with followers
B) Be more informal |
C) Include sales pitches
D) Incorporate specific and informative headings
E) Stay involved in the online community
Ans: E) Stay involved in the online community
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Which of the following may be done as corrective action in the control process?
A. Evaluate performance. B. Revise standards. C. Compare performance to standards. D. Align processes with goals. E. Establish standards.
Westbrook Financial Services, Inc. invested $15,000 to acquire 7250 shares of Cloud Investments, Inc. on March 15, 2015. This investment represents less than 20% of the investee's voting stock. On May 7, 2018, Westbrook Financial Services, Inc. sells 2250 shares for $12,250. Which of the following will be the correct journal entry for the May 7, 2018 transaction? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
Christopher Messenger rents storage space to college students who go home for the summer but do not want to haul all of their property home and back
The business is profitable during the summer months, but when the storage space is unoccupied in the off-season, Christopher is losing money. What characteristic of service is most likely the source of Christopher's problem? A) intangibility B) perishability C) personalization D) variability E) inseparability
Pandora Company determined that it has an obligation relating to employees' rights to receive compensation for future absences attributable to employees services already rendered. The obligation relates to rights that vest, and payment of the compensation is probable. The amounts of Pandora's obligations as of December 31 are reasonably estimated as follows: Vacation pay
......................................... $110,000 Sick pay ............................................. 80,000 In its December 31 balance sheet, what amount should Pandora report as its liability for compensated absences? a. $190,000 b. $110,000 c. $80,000 d. $0