Crowdsourcing is:

A) the process of outsourcing the creative aspect of an advertisement to the public
B) the process of outsourcing the production aspect of an advertisement to the public
C) the process of outsourcing both the creative and production aspect of an advertisement to the public
D) the process of selecting creatives from the public domain rather than from an advertising agency


A

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In the table above, if the exchange rate is equal to $2.00 per pound, then there is a ______, and the exchange rate will______.

a. surplus of pounds, decrease b. surplus of pounds, increase c. shortage of pounds, decrease d. shortage of pounds, increase

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The board of directors declared a $2 per share cash dividend on common stock and the corporation had 5,000 shares authorized and 4,000 shares outstanding. The entry required to record the declaration of dividends would be

a. a debit to Cash and a credit to Common Dividends Payable. b. a debit to Common Dividends Payable and a credit to Cash. c. a debit to Retained Earnings and a credit to Common Dividends Payable. d. a debit to Cash Dividends and a credit to Common Dividends Payable.

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The effective interest method amortizes premium or discount in a manner that produces a(n) ______________________ rate of interest from period to period

Fill in the blank(s) with correct word

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Under-reporting depreciation expense can be accomplished by:

a. establishing useful lives for assets that exceed their true expected lives. b. allocating too much cost in as basket purchase of land and building to the building account. c. establishing salvage values for assets that fall below the asset's true estimated salvage value. d. All of the choices are methods of under-reporting depreciation expense.

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