American Express Company pioneered cause marketing when it sponsored the renovation of
A. Liberty Hall.
B. Radio City Music Hall.
C. Carnegie Hall.
D. Madison Square Garden.
E. the Statue of Liberty.
Answer: E
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The geographic location of the trial court in a tax dispute determines which of the appellate courts will hear an appeal.
Answer the following statement true (T) or false (F)
Match the following terms with the appropriate definition.A. Accrual basis accountingB. Cash basis accountingC. Fiscal yearD. Interim financial statementsE. Depreciation F. Straight-line depreciationG. Time period assumptionH. Expense recognition (matching) principleI. Accrued revenues____ 1. Any 12 consecutive months or 52-week period that a company adopts for its annual reporting period.____ 2. A method that allocates equal amounts of an asset's cost (less any salvage value) to depreciation expense during its useful life.____ 3. Assumes that an organization's activities can be divided into specific time periods such as months, quarters, or years.____ 4. Aims to record expenses in the same accounting period as the revenues that are earned as a result of those expenses.____ 5. The
accounting system that uses the adjusting process to recognize revenues when earned and expenses when incurred.____ 6. The process of allocating the costs of long-term assets to the income statement over their expected useful lives.____ 7. Revenues earned in a period that are both unrecorded and not yet received in cash or other assets.____ 8. The accounting system that recognizes revenue when cash is received and records expenses when cash is paid.____ 9. A set of financial statements that covers less than one year, typically one, three, or six months of activity. What will be an ideal response?
A buyer who properly rejects goods
a. can do so by sending the goods back in any manner. b. must notify the seller of the rejection within a reasonable time. c. must pay the costs of returning the rejected goods. d. is not required to act in good faith.
A study of 218 managers examined how leader ethical behavior influenced leader-member exchange quality. This study found that
a. leader ethical behavior influenced relationship behaviors, which in turn influenced leader-member exchange quality b. leader ethical behavior did not influence relationship behaviors or leader-member exchange quality c. although leader ethical behavior influenced relationship behaviors, relationship behaviors did not influence leader-member exchange quality d. leader ethical behavior directly influenced leader-member exchange quality without going through relationship behaviors