During a conversation, what percentage of the first impression do body language experts say is made with words, not body language?
A. 20%
B. 40%
C. 30%
D. 7%
Answer: D
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Which of the following would appear after the heading of operating income?
A) cost of goods sold B) other operating income items (gains or losses) C) operating expenses D) unusual gains or losses
A division of a manufacturing company responsible for a particular product is a(n) ________.
Fill in the blank(s) with the appropriate word(s).
Cash collections from customers equals sales on account less the:
a. increase in accounts payable. b. decrease in accounts payable. c. increase in accounts receivable. d. decrease in accounts receivable. e. increase in inventory.
Which of the following is a disadvantage of the corporate form of business?
A. A corporation faces difficulty in attracting substantial amounts of funds. B. The owners of a corporation are subject to unlimited personal liability for the business' debts. C. Setting up a corporation is more complex and time-consuming than setting up a proprietorship or a partnership. D. A corporation is said to have limited life. E. Ownership interests cannot be transferred as easily as proprietorship or partnership interests.