Among the most significant uncontrollable forces for businesses are the __________. An example is income distribution.
Fill in the blank(s) with the appropriate word(s).
economic forces
Economic forces are among the most significant uncontrollable forces in the external environment businesses face.
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The numbering scheme of a chart of accounts should contain no gaps
Indicate whether the statement is true or false
Answer the following questions. (Show your work.) a. Revenue of $60,000 was earned, but only $45,000 was collected. Expenses of $36,000 were incurred, but only $30,000 was paid. What is reported net income? b. Wages of $4,000 are paid every Friday for a
five-day workweek. If the end of the year falls on a Tuesday, the adjusting entry for wages would be recorded at what amount? c. A company vehicle is purchased for $24,000. Assuming an eight-year useful life and zero value at that time, what is the balance of accumulated depreciation after five years? d. Supplies Expense of $3,600 was recorded for a given year. Assuming that $2,400 in supplies were purchased during the year and that $640 in supplies remained at year end, what was the cost of supplies at the beginning of the year?
Collaboration is always the best approach to take when seeking to resolve a dispute because you cannot afford not to take the time to collaborate
Indicate whether the statement is true or false.
The revenue model associated with giving permission to other parties to use protected intellectual property in exchange for fees is called:
a. fee revenue model b. licensing revenue model c. intellectual property model d. intermediation model