Jackson receives 16.5% commission when he sells a dinette set. How much commission will he receive for selling a dinette set for 895 Answer square
Your company is in the construction business and you docido to order a largo shipment of steel beams for your next project. What type of business goods are these stool booms? capital items supplies and services raw materials manufactured parts
Management Planning begins with goal and answers the questions of what, who,when, and how, thus providing the framework for developing effective organizational plans. True False
Managers are responsible for five primary functions or kinds of activities. True False
Does a company CEO or President need well -developed technical skills to be successful? True False
What is a contingency in the context of buying a house? A condition that must be met or else the deal is canceled A type of mortgage loan A fee paid to the real estate agent A legal document that must be signed by both parties
What is the difference between a fixed rate loan and an adjustable rate loan? Adjustable rate loans have a lower interest rate Adjustable rate loans have the same interest and monthly payment, while fixed rate loans have changing interest rates and payments Fixed rate loans have a lower interest rate Fixed rate loans have the same interest and monthly payment, while adjustable rate loans have changing interest rates and payments
4. How has social media changed the way businesses identify and reach their target markets? Give a specific example from entertainment or sports.
You're the owner of a car repair shop and decide to stock up on brake pads for upcoming customer appointments. What type of goods do these brake pads fall under? manufactured parts raw materials capital items supplies and services
Expenses, or items for which you must spend money. Budget Cash inflow Cash outflow variances
How can you use the total revenue test to determine elasticity? You know a product is elastic if the price decreases as the total revenue goes down. You know a product is inelastic if the price increases as the total revenue goes down. You know a product is inelastic if the price decreases as the total revenue goes up. You know a product is elastic if the price increases as the total revenue goes down.
Collins believes that business and ethics are contradictory. Good ethics is antithetical with good management True False
Which of the following rating errors occurs when a manager gives low ratings to all employees by holding them to an unreasonably high standard? A severity error A halo error A leniency error A horns error
Which of the principles of AICPA Code of Conduct is most related artilce 5 of the California Accountancy Act? Responsibilities Due care The public interest Objectivity and independence Integrity Scope and nature of services
Multiple Select Question Select all that apply What are examples of economic factors that can help or hinder business? Taxation Contract enforcement Competition
Find the balance of a savings plan after 36 months assuming an APR of $10\% $ (compounded monthly) and monthly deposits of $\$ 105.$ $\$ 4,387.09$ $\$ 4,297.26$ $\$ 4,413.90$ $\$ 4,256.88$ None of the above.
Which is the better buy? 6-pack of envelopes for $\$ 0.36$ 9-pack of envelopes for $\$ 1.08$
Ten years after purchasing $\$ 8,000$ worth of shares in a mutual fund, you sell the shares for $\$ 6,850$ (at a loss). Find the annual return (to the nearest hundredth of a percent) on your investment. $-1.44\% \% $ $-1.54\% \% $ $-1.24\% \% $ $-1.89\% \% $ None of the above.
After all postings have been made the totals of the balances in the accounts receivable subsidiary ledger should equal the balance of the Accounts Receivable account in the general ledger. True or False True False
Which management approach was the first major approach to focus on informal work relationships and employee salisfaction? Bureaucracy Administrative management Scientific management Human relations
