A significant influence investment is one that:
A) allows the investor to exercise significant influence over the strategic operating
and financing policies of the Associate.
B) allows the investor to exercise significant influence over the strategic and
operating policies of the Associate.
C) allows the investor to exercise significant influence over only the financing
policies of the Associate.
D) allows the investor to exercise significant influence over only the operating
policies of the Associate.
A) allows the investor to exercise significant influence over the strategic operating
and financing policies of the Associate.
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Which of the following industries is least likely to use direct labor hours as a cost driver?
a. A pharmaceutical Company b. An automobile company c. A construction company d. An automated manufacturing concern
A set of three or more companies directly linked by one or more of the upstream and downstream flows of products, services, finances, and information from a source to a customer is referred to as
A. a distribution center. B. a supply chain. C. distribution management. D. a value chain. E. logistics.
On February 3, Smart Company sold merchandise in the amount of $1800 to Truman Company, with credit terms of 1/10, n/30. The cost of the items sold is $1240. Smart uses the perpetual inventory system and the gross method. Truman pays the invoice on February 8, and takes the appropriate discount. The journal entry that Smart makes on February 8 is:
A.
| Cash | 1720? | |
| Sales discounts | 12? | |
| Accounts receivable | 1732.00? |
B.
| Cash | 1800? | |
| Accounts receivable | 1800? |
C.
| Cash | 1782.00? | |
| Sales discounts | 18? | |
| Accounts receivable | 1800? |
D.
| Cash | 1240? | |
| Accounts receivable | 1240? |
E.
| Cash | 1160? | |
| Accounts receivable | 1160? |
Urban Commerce, Inc, issues bonds, which are also known as
a. cumulative investments. b. fixed-income securities. c. equity securities. d. preferred stock.