“Training and development” is an example of organization change at which level?
A. individual
B. group
C. larger system
D. it spans all levels of the organization
A. individual
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Adam, Bill, and Charlie are partners. The profit and loss sharing rule between them is 2:5:3, with Bill getting the largest share and Adam receiving the smallest. The partnership incurs a net loss of $21,000. While closing the Income Summary ________. (Do not round any intermediate calculations.)
A) Income Summary will be credited for $6300 B) Adam, Capital will be debited for $6300 C) Adam, Capital will be credited for $6300 D) Charlie, Capital will be debited for $6300
Which of the following accounting cycle steps comes before the others?
a. Adjusting entries are entered and posted. b. The financial statements are prepared. c. Closing entries are recorded and posted. d. Source documents are analyzed.
Which of the following statements is incorrect regarding the SEP IRA?
A. Contributions made by the due date of the tax return can be treated as made on the last day of the related tax year. B. The maximum contribution for 2019 is $56,000. C. Both employers and employees can contribute to the plan. D. Employer contributions must be nondiscriminatory.
Each of the following describes retailing except
A) a retailer is a sales intermediary. B) many manufacturers sell directly to consumers and through wholesalers and retailers. C) e-tailing makes it easier for a manufacturer to sell directly to customers by cutting out the intermediary. D) companies that produce a large number of products, such as Procter & Gamble, do not need retailers for efficient distribution.