Individuals who are still active in business for over three and a half years are known as_____

a. Potential entrepreneurs
b. Nascent entrepreneurs
c. New business owners
d. Established business owners


d. Established business owners

Business

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Which of the following sets of documents are in the correct sequence?

A) Purchase order, check, receiving report B) Purchase requisition, purchase order, invoice C) Purchase requisition, receiving report, purchase order D) Purchase order, purchase requisition, invoice

Business

The treatment of loss contingencies required in SFAS No. 5 is an example of:

a. elastic uniformity. b. conservatism. c. flexible uniformity. d. rigid uniformity.

Business

During its first year of operations, Connor Company paid $50,000 for direct materials and $36,000 in wages for production workers. Lease payments and utilities on the production facilities amounted to $14,000. General, selling, and administrative expenses were $16,000. The company produced 5,000 units and sold 4,000 units for $30.00 a unit. The average cost to produce one unit is which of the following amounts?

A. $18.40 B. $25.00 C. $16.00 D. $20.00

Business

Which of the following managers is displaying good practice when sending a good-news message??

A) ?Ron, a manager at Techwhiz Inc., organizes a message regarding a pay bonus such that the main idea is presented at the end. B) ?Angelina, a manager at Ahoma Inc., writes a job promotion message to an employee starting with the main idea, followed by an explanation. C) ?Rohan, a manager at Olympiano Technologies Corp., briefly notifies his employees about a paid vacation policy without providing additional details. D) ?Anjali, a manager at Balvania Corp., indirectly informs her employees about reduced working hours and organizes her message inductively.

Business