To avoid a stifling atmosphere for nonfamily employees in a family business, the owner should:
A. promote only nonfamily members.
B. avoid all special consideration for family members.
C. make clear the extent of opportunity for nonfamily members.
D. minimize discussion about future management changes.
Answer: C
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Door-to-door sales and party sales are examples of ________.
A. direct sales B. contract manufacturing C. direct response advertising D. telemarketing
Which of the following statements describes the recommended way to place a visual in a report?
a. Place all visuals in an appendix at the back of the report. b. Introduce a visual in the report body; display it as soon as possible; and discuss it. c. Display a visual and refer to it by saying, "As shown above.". d. Display a visual only after fully discussing the data in it.
Which sentence is expressed correctly?
A) We agree by the way, that we must be aggressive in fighting identity theft. B) We agree by the way that we must be aggressive in fighting identity theft. C) We agree, by the way, that we must be aggressive in fighting identity theft.
On January 1, Year 1, Ballard company purchased a machine for $52,000. On January 1, Year 2, the company spent $12,000 to improve its quality. The machine had a $4,000 salvage value and a 6-year life, which are unchanged. Ballard uses the straight-line method. What is the book value of the machine on December 31, Year 4?
A. $20,800 B. $10,400 C. $24,800 D. $24,000