A business incubator is an organization that helps startup companies develop by providing management, operating, and financial services

Indicate whether the statement is true or false


TRUE

Business

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Which people create a power imbalance by giving everyone more right than they give themselves, and which people create an imbalance by giving themselves more rights than others?

A. assertive persons; nonassertive persons B. aggressive persons; nonaggressive persons C. nonassertive persons; aggressive persons D. aggressive persons; assertive persons

Business

Order-effects research confirms that information presented early in a sequence affects judgments made later. This may be due to ______.

A. belief updating B. fatigue C. narrow focus D. confirming a first impression

Business

The Wilson Company purchased $44,000 of merchandise from the Poole Wholesale Company. Wilson also paid $3,000 for freight costs to have the goods shipped to its location. The company uses the perpetual inventory system. Which of the following summarizes the effects of the journal entries required to record these transactions for The Wilson Company? (Consider the effects of both business events.)

A. Total debits to the inventory account would be $41,000. B. Total debits to the inventory account would be $47,000. C. Total debits to the inventory account would be $44,000. D. Transportation-in would be debited for $3,000.

Business

Debit means increase and credit means decrease for all accounts.

Answer the following statement true (T) or false (F)

Business