A "noncontributory" pension plan is one in which the employer does not contribute to the pension fund, but does manage it
Indicate whether the statement is true or false
F
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The concept of leverage refers to the practice of using borrowed funds and amounts received from preferred stockholders in an attempt to earn an overall return that is higher than the cost of these funds
a. True b. False Indicate whether the statement is true or false
Which of the following describes the main disadvantage of a focus group?
A) The small sample size makes it inaccurate for projection purposes. B) Focus groups is a very expensive research method. C) Focus groups is a very time consuming research method. D) It is difficult to effectively convey a concept during a focus group discussion.
A ________ creates a long-term relationship in which the supplier promises to resupply the buyer as needed at agreed prices for a set time period
A) blanket contract B) request for proposal C) supplier proposal D) change order E) noncompete clause
MacKenzie Company sold $180 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4% service charge for sales on its credit cards. MacKenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately. The journal entry to record this sale transaction would be:
A. Debit Accounts Receivable-Regional $172.80; debit Credit Card Expense $7.20 and credit Sales $180. B. Debit Cash $172.80; debit Credit Card Expense $7.20 and credit Sales $180. C. Debit Cash of $180 and credit Sales $180. D. Debit Cash of $180 and credit Accounts Receivable-Regional $180. E. Debit Cash $172.80 and credit Sales $172.80.