All assets held by a partnership are
a. co-owned by all partners.
b. owned by the partner(s) who purchased the assets.
c. owned by the partners based on the percentage of their investment in the business.
d. owned by the partnership.
a
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On January 1, 2007, the Horton Corporation issued 10% bonds with a face value of $200,000. The bonds are sold for $196,000. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, 2011. Horton records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31, 2007, is
A) $19,800 B) $19,200 C) $20,800 D) $24,000
Which of the following is the most effective passage in an email message to managers concerning new procedures for locking up the building when leaving at night?
a. When you leave the plant at night, here are a few things to remember: • Close and lock all secondary plant doors. • Key your personal code into the security pad to the right of the door. • Open the main plant door and go outside. • Close the door. • Use your key to lock the door. • Press enter on your personal plant remote to arm the security system. b. When you leave the plant at night, follow these procedures: 1 . Close and lock all secondary plant doors. 2 . Key your personal code into the security pad to the right of the door. 3 . Open the main plant door and go outside. 4 . Close the door. 5 . Use your key to lock the door. 6 . Press enter on your personal plant remote to arm the security system. c. When you leave the plant at night, follow these procedures—close and lock all secondary plant doors, key your personal code into the security pad to the right of the door, open the main plant door and go outside, close the door, use your key to lock the door, and press enter on your personal plant remote to arm the security system. d. All are equally effective.
The doctrine of international standard of care states that ________
A. a state must treat aliens the same way that it treats its own nationals B. a state is responsible for injuring an alien when the state's conduct violates international norms C. a state is responsible for the actions of its nationals present in other countries D. a state is obliged to admit aliens into its territories freely
A company often uses a decentralized organizational system when
A. it does not facilitate a manufacturing or industrial operation. B. it has multiple divisions and many different products. C. it wants one advertising manager to handle the promotional activities of all the products. D. it has a top management that is actively involved in day-to-day decision making. E. it lacks the ability to handle multiple brands.