When feedback is critical, which of the following is the most effective mode of communication?
A. Bulletin board notice
B. Face-to-face communication
C. Memorandum
D. Telephone conversation
Answer: B
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Panther Company does not want to bear the risk that interest rates may increase in year two of the loan. Aegean Company believes that rates may decrease and they would prefer to have variable debt. So the two companies enter into an interest rate swap agreement whereby Aegean agrees to make Panther's interest payment in 2015 and Panther likewise agrees to make Aegean's interest payment in 2015
The two companies agree to make settlement payments, for the difference only, on December 31 . 2015 . If the interest rate on January 1 . 2015 is 8 percent, what will be Panther's settlement payment to/from Aegean? a. $6,000 payment b. $6,000 receipt c. $12,000 payment d. $12,000 receipt
Before participating in a trade show, the most important step is to evaluate how many direct sales were made the previous year
Indicate whether the statement is true or false
The entry to record a sale on account of $1,500 plus tax of $75 would be:
a. debit accounts receivable $1,575, credit sales $1,500, credit sales tax payable $75. b. debit accounts receivable $1,575, credit sales $1,575. c. debit cash $1,575, credit accounts receivable $1,500, credit sales tax payable $75. d. debit cash $1,500, credit sales $1,500.
Several ____ attended the seminar on the impact of new tax regulations on small businesses
A) CPAs B) CPA's C) CPAs'