In order for a federal court to have jurisdiction, there must be a federal question involved and at least $75,000 in dispute.

Answer the following statement true (T) or false (F)


False

Business

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Dividends that are paid to owners would affect both the

A) balance sheet and statement of cash flows. B) balance sheet and income statement. C) income statement and statement of changes in equity. D) income statement and statement of cash flows.

Business

Splitter Corporation had total sales in the current year of $750,000 and credit sales of $650,000. The Accounts Receivable balance was $450,000 on the balance sheet date and the Allowance for Doubtful Accounts had a credit balance of $10,000 before adjusting entries. Bad debt expense is estimated as 2% of credit sales. The adjusting entry to record estimated bad debt expense would include a

A) $13,000 debit to Bad Debt Expense. B) $13,000 debit to Allowance for Doubtful Accounts. C) $13,000 debit to Bad Debt Expense D) $13,000 credit to Allowance for Doubtful Accounts.

Business

One reason for using the author-date form of documentation is that

A) many writers prefer tracking endnotes and footnotes consecutively. B) omitting citations would leave an inaccurate impression of the report's conclusions. C) subsequent citations in the narrative will require less space. D) it subordinates sources based on direct quotations rather than paraphrased text material. E) it provides some information about the source on the page where the citation occurs.

Business

Examining perception of inclusion among Korean employees, findings from the study indicated that perception of inclusion was strongly related to ____________ among the Korean employees.

a. Family size b. Job mobility desire c. Job performance (as evaluated by the employees’ supervisors) d. Communication skills

Business