If a person intends to act to cause a harmful or offensive contact, he is liable for the tort of:
a. assault b. battery
c. defamation d. duress
e. false imprisonment
a
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In the 21st century, challenges for the USIA include all EXCEPT ________
A) expanding the public relations role of the executive branch B) developing worldwide information programs to address environmental issues C) supporting the war on drugs in producer and consumer countries D) building intellectual and institutional foundations of democracy in societies around the globe
Self-managed teams do not need to coordinate their activities and decisions with others in the organization.
a. true b. false
Which of the following statements concerning costs is incorrect?
A. Out-of-pocket costs include the costs associated with not taking a particular course of action. B. Costs can be categorized on the basis of relevant or irrelevant costs. C. Any single cost can be classified in more than one way. D. Costs are treated differently depending on how the information will be used.
Oregon Co. began operations on January 1, Year 1, by issuing $10,000 in common stock to the stockholders. On March 1, Year 1, Oregon received $36,000 cash in advance from a client for services and promised to perform those services for a one-year period beginning April 1, Year 1. During Year 1, services in the amount of $32,000 were provided to customers on account, and 80% of this amount was collected by year-end. During Year 1, operating expenses incurred on account were $24,000, and 60% of this amount was paid by year-end. During the year, Oregon paid $1,200 to purchase supplies. By year-end, $1,080 of the supplies had been used. Dividends to stockholders were $2,000 during the year. During Year 1, Oregon paid salaries of $28,000, and on December 31, Year 1, the company accrued
salaries of $2,800. Oregon recorded all appropriate adjusting entries at year end.Required:1) What would Oregon report for service revenue for Year 1?2) What would Oregon report for salaries expense for Year 1?3) What would Oregon report for supplies expense for Year 1?4) What would the amount be for net cash flows from operating activities for Year 1?5) What is the net income for Year 1?6) What would the balance in the retained earnings account be at December 31, Year 1? What will be an ideal response?