Contingency plans could be referred to as ________ plans.

A. "dream team"
B. "primary"
C. "someday"
D. "pie in the sky"
E. "what if"


Answer: E

Business

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In reconciling a bank statement, an NSF check had not been recorded in the books. The entry to record this transaction would be

a. debit Accounts Payable and credit Cash; b. debit Cash and credit Accounts Payable; c. debit Cash and credit Accounts Receivable; d. debit Accounts Receivable and credit Cash; e. debit an expense account and credit Cash

Business

On April 1, Santa Fe, Inc. paid Griffith Publishing Company $1,548 for 36-month subscriptions to several different magazines. Santa Fe debited the prepayment to a Prepaid Subscriptions account, and the subscriptions started immediately. What amount should appear in the Prepaid Subscription account for Santa Fe, Inc. after adjustments on December 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?

A. $0. B. $516. C. $1,548. D. $1,161. E. $387.

Business

In the context of evaluating an organization's competitive position, SWOT analysis (strengths, weaknesses, opportunities, and threats) is a strategic planning tool that helps companies:

A. articulate their essential reason for being. B. define their purpose and values, which provide the framework for all their plans. C. assess where they stand relative to the competition. D. evaluate the results of their plans and incorporate all the lessons learned.

Business

The principal objective for developing a PKI is to enable secure, convenient, and efficient acquisition of private keys

Indicate whether the statement is true or false.

Business