________ is the process of moving a person to a higher position in an organization, frequently with increased responsibilities, greater status or prestige, a new title, and a higher salary.
A. Reengineering
B. Transferring
C. Reinventing
D. Promoting
Answer: D
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What will be an ideal response?
On January 1, Southwest Company accepted a one-year note for $60,000 at 8% from one of its customers. When the note matured on December 31, the customer was unable to pay, and the company recorded the dishonor. The amount of the debit recorded on December 31 is ________.
A) $55,200 B) $4800 C) $60,000 D) $64,800
Classifying a cost as either direct or indirect depends upon
A. whether an expenditure is unavoidable because it cannot be changed regardless of any action taken. B. the behavior of the cost in response to volume changes. C. whether the cost is expensed in the period in which it is incurred. D. the cost object to which the cost is being related.
Generally, if the creditor releases the principal debtor, then the surety is also discharged
Indicate whether the statement is true or false