Which of the following is not part of the private equity market?

A. An angel
B. An underwriter
C. Crowdfunding
D. An SBIC


Answer: B

Business

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The Income Summary account has a credit balance of $27,000 after the revenue and expense accounts have been closed. Which of the following is credited to close the Income Summary account?

A) Dividends B) Sales Revenue C) Cost of Goods Sold D) Retained Earnings

Business

Customers who view a service as homogeneous ________

A) only patronize a preferred service provider B) judge services on the basis of the providers C) care less about the provider than about the price D) pick a service provider based on functional attributes E) opt for the service with the highest price, irrespective of quality

Business

Which of the following is considered to be one of the three core abilities for a successful communicator?

A) Interpersonal communication B) Listening skills C) Presentation skills D) Communicating through leadership E) Group management

Business

The doctrine of respondeat superior applies to a(n)

A) parent's liability for a negligent child. B) pet owner's liability for the pet. C) employer's liability for a negligent employee. D) manufacturer's liability for a faulty product.

Business