A(n) ________ periodically shows revenues, expenses, and profits from a firm's operations.
A. statement of retained earnings
B. inventory statement
C. income statement
D. balance sheet
Answer: C
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A potential business owner needs to convey his or her business idea to a prospective investor or lender in ________ minutes.
A. 10 B. 5 C. 2 D. 12
Motivation theories that focus on what factors drive people to satisfy their needs are known as _________.
a. Process theories of motivation b. Content theories of motivation c. Drive theories of motivation d. None of the above
Which of the following budgets would probably not be prepared using information provided by the production budget?
A) Direct materials budget B) Direct labor budget C) Manufacturing overhead budget D) Sales budget
Which of the following is a benefit under the Employee Retirement Income Security Act guidelines for qualified pension plans?
A. Additional life insurance B. Home security C. Executive physicals D. Payment of club dues