Every time an entrepreneur spends cash, she or he takes a risk. If one buys ________, then the entrepreneur faces the risk of storage costs and pilfering.
A. a computer for your chief financial officer
B. capital assets
C. inventory
D. None of these.
Answer: C
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GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $72,000 for 6-months services in advance. GreenLawn's general journal entry to record this transaction will include a:
A. Credit to Unearned Revenue for $72,000. B. Credit to Accounts Receivable for $72,000. C. Credit to Cash for $72,000. D. Debit to Unearned Revenue for $72,000. E. Debit to Accounts Receivable for $72,000.
Which term is synonymous with the New Media Tradition?
a. The New Age b. First Media Age c. Digital Tradition d. Social Media Age
Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously
Which account provides the highest effective annual return? A) Account A B) Account B C) Both provide the same effective annual return D) We don't have sufficient information to make a choice
Key Energy was a company that provided quality oilfield construction, drilling, and other services. The company's top management felt stakeholders did not have a clear image of the company and were considering changing the name to clarify the organization's position in the market. The company conducted an hour long interview with four of its largest customers. Only 25 questions were asked and much probing was done to find out exactly what the participants meant. This is an example of a(n):
A. Ethnographic survey B. Trailer call C. Service expectation meeting and review D. Critical incident study E. Research requirement survey