Which of the following accounts is decreased by a debit entry?

A. cash
B. prepaid insurance
C. accounts payable
D. insurance expense


Answer: C

Business

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Indicate whether the statement is true or false

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According to the book, past experiences may cause employees to react to change in what ways?

a. With blind acceptance b. With urgency c. With compliance d. With cynicism

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Mary owns her own business and has just attended a cash flow management seminar where it

was suggested the businesses should delay paying their suppliers as long as absolutely possible even if doing so violates the stated payment terms. Mary decides to continue paying her suppliers on time in accordance with their payment terms because Mary would like her customers to pay her on time. Mary has reached her decision in accordance with: A) Utilitarianism. B) Ethical relativism. C) Kantian ethics. D) Ethical fundamentalism.

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Advantages of the flat structure include

A) the decision process includes all members of the team, which builds employee morale. B) eliminating layers of middle management makes it possible for employee comments and feedback. C) customer feedback reaches all levels of the organization. D) all of the above.

Business