Having an employee manual with company policies and guidelines that have been put in place to deal with specific issues is an example of
a. Non-programmed decision manual
b. Executive handbook
c. Programmed decision guidelines
d. Strategies
c. Programmed decision guidelines
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A modified rebuy may occur when someone in the buying center believes the current vendor should be reevaluated
Indicate whether the statement is true or false
The Merchandise Inventory account balance is $52,000. A physical count of inventory reveals that the actual inventory balance is $41,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.)
A) a $41,000 credit to Merchandise Inventory B) a $52,000 debit to Cost of Goods Sold C) a $11,000 credit to Cost of Goods Sold D) a $11,000 credit to Merchandise Inventory
Any corporation not meeting the requirements for an S corporation is automatically a C corporation
a. True b. False Indicate whether the statement is true or false
Which of the following statements about venture capital isĀ false?
A. Venture capital groups can often provide helpful management advice. B. Entrepreneurs raise venture capital by selling shares of ownership in their business. C. Venture capital is used to finance rapid growth or large capital expenditures. D. Venture capital is a form of public equity financing.