A journal entry that affects only two accounts is called a compound entry.
Answer the following statement true (T) or false (F)
False
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A consumer's level of motivation in making an external search depends on three factors. What are they?
What will be an ideal response?
A $200,000 bond issue with a carrying value of $194,000 is called at 101 and retired. The entry to record the retirement of bonds is:
A) Bonds Payable 200,000 Gain on Retirementof Bonds 6,000Cash 194,000 B) Bonds Payable 200,000 Cash 200,000 C) Bonds Payable 200,000 Loss on Retirementof Bonds 8,000Unamortized BondDiscount 6,000Cash 202,000 D) Bonds Payable 194,000 Loss on Retirementof Bonds 8,000Cash 202,000
The negotiated price approach allows the managers of decentralized units to agree among themselves as to the transfer price
Indicate whether the statement is true or false
Which of the following could be an example of competition between the nonprofit and commercial sector?
a. cause marketing b. museums selling merchandise in their gift shops and through catalogues c. corporate volunteer programs d. social mutual funds based on corporate social performance e. strategic partnerships with corporations