Increasing segmentation of the marketplace and the need to get products to market faster in light of competitors' specialized solutions are examples of ______ currently influencing the future of business.
Fill in the blank(s) with the appropriate word(s).
Answer: supertrends
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Answer the following statements true (T) or false (F)
1. According to Schein, organizational members are consciously aware of organizational cultures. 2. 1. According to Schein, organizational members are consciously aware of organizational cultures. 3. Organizational assumptions are the least important part of organizational culture. 4. Jablin’s research showed that the process of being assimilated into an organization is fairly simple. 5. An organizational newcomer starts to become socialized into the organization before he or she ever works in the organization.
Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: 1. Jackson invested $27,000 cash in the business in exchange for common stock. 2. Jackson contributed $102,000 of equipment to the business. 3. The company paid $2200 cash to rent office space for the month of March. 4. The company received $18,000 cash for repair services provided during March. 5. The company paid $6400 for salaries for the month of March. 6. The company provided $3200 of services to customers on account. 7. The company paid cash of $700 for utilities for the month of March. 8. The company received $3300 cash in advance from a customer for repair services to be provided in April. 9. The company paid $5200 in cash dividends. Based on this
information, net income for March would be: A. $15,400. B. $11,900. C. $5500. D. $8200. E. $15,500.
The criteria for liability recognition include(s):
a. the item represents a present obligation, not a potential future commitment or intent. b. the obligation must exist as a result of a past transaction or exchange, called the obligating event. c. the obligation must require a probable future economic resource that the firm has little or no discretion to avoid. d. the obligation must have a relevant measurement attribute that the firm can quantify with sufficient reliability. e. All of these answers are correct.
The income statement is prepared from:
A) the adjusted trial balance. B) the income statement columns of the work sheet. C) either the adjusted trial balance or the income statement columns of the work sheet. D) both the adjusted trial balance and the income statement columns of the work sheet.