How does receiving a bill to be paid next month for services rendered affect the accounting equation?
A) assets decrease; owner's equity decreases
B) assets increase; liabilities increase
C) liabilities increase; owner's equity increases
D) liabilities increase; owner's equity decreases
D
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When we describe our feelings and we are not judging the other person, which action are we taking?
A. displaying feelings B. “stuffing: feelings C. describing feelings D. numbing feelings
One of the advantages of test marketing is the ________
A) low cost B) ability to keep information from falling into competitors' hands C) opportunity to survey prospective customers D) ability to evaluate a product and its marketing program before commercialization E) opportunity to sell existing products to a core customer base
Who said, "All businesses, forewarned, should be proactive, not reactive. They must be prepared to fight fire with fire and, if necessary, should be prepared to take their case all the way to the court"?
a. R. Edward Freeman b. Milton Friedman c. Michael Novak d. Robert Halfon
Partnerships are more effective than proprietorships in raising funds.
Answer the following statement true (T) or false (F)