Gale Company owns 87% of the outstanding stock of Leonardo Company. Leonardo Company is referred to as the

a. parent
b. minority interest
c. affiliate
d. subsidiary


d

Business

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Social media should be used when you? _____________.

A. need a? permanent, unchangeable, or secure record B. want to encourage interactivity and feedback among users C. want to stand out from the flood of digital messages D. are legally required to provide information in printed form E. want to make a formal impression

Business

A stock split is similar to a stock dividend in that it results in additional shares of stock outstanding and is nontaxable

a. True b. False Indicate whether the statement is true or false

Business

Assertions about existence address whether assets and liabilities exist and assertions about occurrence address whether recorded transactions, such as sales transactions, have occurred

a. True b. False Indicate whether the statement is true or false

Business

The Council of PR Firms Code of Ethics bases communication with the public and media upon ________

A) accuracy and truthfulness B) enlightened self-interest C) corporate social responsibility D) the golden rule

Business