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Bus 120 Final Questions And Answers
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On July 2 a corporation declares a cash dividend that will be paid on July 27. The effect on the corporation's balance sheet on the date the dividend is declared, July 2, is to ~ increase liabilities and decrease stockholder's equity The accounting equation may be expressed as: ~ assets - ...

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  • August 7, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • bus 120 final questions and answers

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Bus 120 Final Questions And
Answers

The primary functions of management are


✓~ planning, organizing, leading, and controlling




_ can be produced independently of the consumer and then stored and shipped.


✓~ goods




____ refer(s) to computer programs that provide instructions for a computer

to execute a desired task.


✓~ software




____ refers to the physical components used to collect, store, organize, and

process data and to distribute information


✓~ hardware

, The Fair Labor Standards Act of 1938 established a minimum wage and

overtime pay for employees working:


✓~ more than 40 hours a week




____ include compensation such as health insurance, sick leave, and childcare or

eldercare programs offered to an employer's workers.


✓~ benefits




____ refers to the combination of pay and benefits that employees receive in

exchange for their work.


✓~ compensation




___ are consumed when and where they are produced, and they often require

the customer to be actively involved in their production.


✓~ services




A(n) _ measures the ability to pay short-term liabilities as they come due.


✓~ liquidity ratio

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