For each of the following accounts, identify whether a debit or credit yields the indicated change a. To increase Fees Earnedb. To decrease Cashc. To decrease Unearned Revenued. To increase Accounts Receivablee. To increase Common Stockf. To decrease Notes Payableg. To increase Prepaid Renth. To increase Salaries Expensei. To increase Accounts Payablej. To decrease Prepaid Insurance
What will be an ideal response?
| a. To increase Fees Earned | credit |
| b. To decrease Cash | credit |
| c. To decrease Unearned Revenue | debit |
| d. To increase Accounts Receivable | debit |
| e. To increase Common Stock | credit |
| f. To decrease Notes Payable | debit |
| g. To increase Prepaid Rent | debit |
| h. To increase Salaries Expense | debit |
| i. To increase Accounts Payable | credit |
| j. To decrease Prepaid Insurance | credit |
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Compare and contrast the typical traditional organization chart for an organization against the modern customer-oriented organization chart
What will be an ideal response?
Since a store design cannot achieve all objectives, managers need to make trade-offs among them. Which of the following does not describes such trade-offs?
A. The trade-off between the ease of finding merchandise and providing an interesting shopping experience is determined by the customer's shopping needs. B. A supermarket's traditional design can efficiently store and display a lot of merchandise with long rows of floor-to-ceiling racks; however, this design is not good for a pleasant shopping experience. C. Giving customers adequate space in which to shop has to be balanced with the use of scarce resource for merchandise. D. Retailers often make trade-offs between stimulating impulse purchases and making it easy to buy products. E. Specialty store retailers encourage the ease of finding merchandise rather than exploration.
A nation where the major forces for jobs, revenues, and taxes come from farming or extractive industries like forestry, mining, or oil production is a(n):
A. efficiency-driven economy. B. competency-driven economy. C. innovation-driven economy. D. factor-driven economy.
On a CVP graph, the total cost line intersects the y-axis at zero
Indicate whether the statement is true or false