Interest Expense is classified as a(n):
A. Selling Expense
B. Other Expense
C. Administrative Expense
D. Other Income
Answer: B
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When upset with someone or something at the workplace, the best place to vent your frustrations is where?
A) In an anonymous email B) On your Twitter feed C) On the corporate blog D) At home E) At after work social setting
According to the text, what is the major difference between publicity and advertising?
A. Publicity identifies the source, thus the term "good publicity" B. The practitioner controls advertising placement but not publicity placement C. Publicity targets multiple publics while advertising targets only consumers D. Advertising supports marketing while publicity supports public relations E. The effects of advertising are easier to determine
Majorn Auto Parts Store had net income of $81,000 for the year just ended. Majorn collected the following additional information to prepare its statement of cash flows for the year:??Increase in accounts receivable$102,000Decrease in inventory$18,000Decrease in accounts payable$35,000Increase in retained earnings$29,000Cash received from sale of building$215,000Gain on sale of building$47,000Depreciation expense$32,000Majorn uses the indirect method to prepare its statement of cash flows. What is Majorn's net cash provided by (used in) operating activities?
A. $(53,000) B. $279,000 C. $185,000 D. $41,000
Fiduciary duties include:
a. accounting, notification, and performance b. loyalty and reasonable care c. ratification and indemnification d. accounting, notification, performance, loyalty and reasonable care e. accounting, notification, performance, loyalty, reasonable care, ratification and indemnification