If a business is to be organized and run by more than one person, preparing the business plan should be an individual effort.
Answer the following statement true (T) or false (F)
False
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Why have economists abandoned the use of money-growth rules in the United States? Explain.
What will be an ideal response?
A(n) _____ is responsible for overseeing the use of information as an important organizational resource.
Fill in the blank(s) with the appropriate word(s).
A leader of an organization often makes decisions on her own, directs followers or tells them what to do, and controls and distributes the resources that others need to do their jobs, such as supplies, equipment, or funds. This leader has ______.
a. a strong need for achievement b. a strong need for affiliation c. a strong need for power d. little regard for her followers
You have just received notice that Agnes Fisher, a customer of yours with an Accounts Receivable balance of $200, has gone bankrupt and will not be making any future payments. Assuming you use the allowance method, the journal entry you make is to
A) debit Uncollectible Accounts Expense and credit Accounts Receivable. B) debit Allowance for Uncollectible Accounts and credit Uncollectible Accounts Expense. C) debit Uncollectible Accounts Expense and credit Allowance for Uncollectible Accounts. D) debit Allowance for Uncollectible Accounts and credit Accounts Receivable.