A resolution by the board of directors to set aside a part of the credit balance of the retained earnings account for a specific use is called
a. earnings retained in the business.
b. an appropriation.
c. a recapitalization.
d. a deficit.
b
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In discussing the structure of the marketing research industry, your authors define an external supplier firm as one which:
A) makes research decisions based primarily upon information supplied by the internal reports system B) is an outside firm hired to fulfill a firm's marketing research needs C) provides syndicated services but only to members of the syndicate D) provides marketing research obtained from records of the Internal Revenue Service E) provides marketing services to companies outside the firm's home country
In the simplified letter format, commas follow both the salutation and the complimentary close
Indicate whether the statement is true or false.
Discuss some of the ways millennials are changing business operations to suit their preferences.
What will be an ideal response?
The purpose of inventory management is to determine:
A) timing and cost of orders. B) quantity and cost of orders. C) timing and quantity of orders. D) ordering and carrying costs.