Which of the following completes the sentence, 'A ______ pulls people with different kinds of expertise from across the organization to participate, eliminating the internal political issues relating to who in the company has primary responsibility for social media'?
a. center of excellence model
b. silo model
c. creative message strategy
d. single solution model
e. social media mix
a. center of excellence model
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The entry to close Income Summary for a loss would include a
a. credit to Capital Stock; b. credit to Retained Earnings; c. debit to Capital Stock; d. debit to Retained Earnings; e. debit to Cost of Goods Sold
Mr. Allen, whose marginal tax rate is 37%, owns an office building that generates $100,000 annual taxable income. He plans to create a family partnership by giving each of his three children a 15% interest in the building. Mr. Allen will retain a 55% interest. Mr. Allen will manage the building, and receive a guaranteed payment of $20,000. If Mr. Allen's children are in the 12% tax bracket, compute the annual tax savings from this income-shifting arrangement.
A. $0 B. $11,250 C. $9,000 D. $5,000
Companies have often produced significant amounts of excess inventory because of
a. variable overhead allocation methodologies. b. fixed overhead allocation methodologies. c. variable and fixed overhead allocation methodologies. d. the financial accounting requirement to expense research and development as incurred.
Why is following up a pitch such an essential component of the pitch process?
What will be an ideal response?