Which of the following is an advantage of being in the same physical space while communicating?
A) Lower cost
B) Less formality
C) Nonverbal feedback
D) Less preplanning
E) Better interpretation of business trends
Answer: C
Explanation: C) Being in the same physical space is a key distinction, because it enables the nuances of nonverbal communication more than any other media-channel combo. These nonverbal signals can carry as much weight in the conversation as the words being spoken.
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Herbert and Evita are planning to open a quick copy center near the local college. They will make both cash and credit sales. They will hire college students to make copies and to operate the cash register. Either Herbert or Evita will act as manager
during most hours that the business will be open. One student will be designated as assistant manager when they cannot be present. Describe procedures that Herbert and Evita might use to provide adequate internal control over cash and credit sales and bank deposits.
[APPENDIX] For 2016, Wasabi Company has accounting revenues of $6,000 . However, because of temporary differences between tax and accounting, $1,000 of this is not subject to tax. If expenses are $3,000 for both tax and accounting, and the tax rate is 40%, what is the amount of tax payable to the IRS?
a. $400 b. $800 c. $1,200 d. $1,600
Marsh Corporation borrowed $90,000 by issuing a 12%, six-month note payable, all due at the maturity date. After one month, the company's total liability for this loan amounts to:
a. $91,800 b. $90,900 c. $90,450 d. $90,000
If D = 1.01, s = 900, K = 10, and the selling price is $11, the EOL is
A) ? 10,000. B) ? 9,100. C) ? 736. D) ? 810. E) None of the above