Who determines the method for the team to make decisions?
a. The stakeholders
b. The whole team
c. The senior leadership
d. The leader
d. The leader
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Karl Company accrued wages of $8850 that were earned by employees unpaid at the year-end. Assuming Karl uses reversing entries, which of the following entries correctly reverses the accrued wages at the beginning of the following year?
A. Debit Wages Payable $8850; credit Wages Expense $8850. B. Debit Wages Expense $8850; credit Cash $8850. C. Debit Wages Payable $8850; credit Cash $8850. D. Debit Cash $8850; credit Wages Expense $8850. E. Debit Wages Expense $8850; credit Wages Payable $8850.
On June 1, 20xx, Sterling Corporation had 40,000 shares of $10 par value common stock outstanding. On June 2, 20xx, Sterling declared a 40 percent stock dividend to be distributed on July 5, 20xx, to shareholders of record on June 15, 20xx. What amount of retained earnings should be transferred to contributed capital because of this dividend?
a. None b. Par value per share multiplied by the number of dividend shares c. Market value of the stock at the date of distribution multiplied by the number of dividend shares d. Market value of the stock at the date of declaration multiplied by the number of dividend shares
Which is a TRUE statement about corporate sustainability efforts?
A. preserve the natural environment B. demand constant improvement to achieve C. can boost profits D. all of these
Intellectual property includes both ideas and _________________________
a. potential ideas b. thoughts c. expressions of those ideas d. property