________ are the sum total of information that an individual has stored in his or her mind
A) Mental models
B) Mental files
C) Psychographic data
D) Belief behaviors
E) Connectors
B
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Special journals are used for transactions that occur frequently in a business
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The Hofstede culture dimensions have been invalidated with time and replaced by Project GLOBE. 2. China is a long-term oriented country, meaning that the culture focuses primarily on the past and present and immediate gratification. 3. Expatriates are individuals who have given up their citizenship in their native country. 4. When it comes to international assignments, accurate communication can be difficult even with a common language. 5. Hiring others from outside the organization to perform work worldwide is known as contract manufacturing.
Under the net method, when a company uses a perpetual inventory system, an invoice for $2,000 with terms of 2/10, n/30 should be recorded with a debit to Merchandise Inventory and a credit to Accounts Payable of $2,000.
Answer the following statement true (T) or false (F)
On January 1, 2010, Zero Company obtained a $52,000, four-year, 6.5% installment note from Regional Bank. The note requires annual payments consisting of principal and interest of $15,179, beginning on December 31, 2010. The December 31, 2010 carrying amount in the amortization table for this installment note will be equal to:
A) $27,635 B) $40,201 C) $36,821 D) $48,620