Which of the following have payments that are tax deductible for the corporation?
A) bond interest payments
B) preferred dividends
C) common dividends
D) retained earnings
A
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Which of the following statements is true about regional management centers?
A) The scale of regional management must exceed the scale of operations in the region. B) These centers reduce the number of management levels within an organization. C) The center can coordinate within a region on pricing and sourcing. D) Executives in regional centers do not have any role in the planning and control of each country's operations.
What is a decline in the value of an asset called?
A. inflation B. deflation C. amortization D. depreciation
In about one out of __________ union campaigns, unions are unable to secure a first contract after winning a representation election.
A. two B. three C. four D. five
Closing entries are necessary so that retained earnings will begin each period with a zero balance.
Answer the following statement true (T) or false (F)