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When a corporation borrows fundsQuestionWhen a corporation borrows funds by signing a note payable which includes an interest provision, which of the following accounts are affected on the date of the borrowing? I. cash II. notes payable III. interest payableAnswer & ExplanationWhen a corporation borrows funds by signing a note payable that includes an interest provision, the accounts affected on the date of borrowing are:I. Cash: This account is affected because the corporation receives c...

Given the following information: Pairs of shoes expected to be produced 1,950,000 Pairs of shoes produced 2,500,000 Overhead rate $0.75 What is the amount of applied overhead? Answer $1,875,000 Which body regulates a certified public accounting firm's audit practices when the firm is auditing a large publicly traded company? Answer PCAOB What does accounting focus on? Answer The impact a business's activities have on it's overall financial performance Which report su...

Hawaii real estate brokers exam – DS Already Rated A+ Does dual agency need to be in writing? ️Yes and it needs to be disclosed as soon as possible Are there any exceptions for discriminating on the basis of race? ️No there are no exceptions ever for discriminating on the basis of race Are there any exceptions for minorities with regard to discrimination in private owner clubs? ️There is an exception for religious clubs where they can legally select rent or sell to members of a...

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Wk2 Assignment BUS 370 The Organizational Development Consultant BUS 370 Organizational Development When a person decides to either start a business of their own or to begin working with a company, no one has the intention for the corporation or business to completely fail at any capacity. Ideally, the managerial team would prefer for the daily operations and the overall strategies would continuously fall in line with the manager's intent however, that only happens in the perfect world. A...

FIN 515 WEEK 8 FINAL EXAM 1. TCO A) In the United States, which of the following types of organization has the greatest revenue in total? (Points : 5) Sole proprietorship Corporation S corporation Limited partnership 2. TCO A) A sole proprietorship is owned by (Points : 5) one person. one or two people, but if there are two owners, they must be married to each other. up to 100 owners. up to 64 owners. 3. TCO B) Which of the following would cause the present va...

mgmt200 Week 5 P MGMT200 Corporate Social Responsibility (CSR), Reputation, and Ethics American Military University MGMT200: Ethics Fundamentals Abstract As a manager, it is important that one understands corporate social responsibility, reputation, and ethics. Understanding the three topics can lead to a company s success. This essay will go into depth to define and understand corporate social responsibility, reputation, and ethics. When it comes to being a manager, I will discuss...

1. Which of the fol following lowing cannot be lawf lawfully ully exercised by a non-stock corporation? a. Pay dividend b. Elect trustees c. Amend the Articles of Incorporation d. Adopt by-laws 2. A b ond issue to pay-off prior floating in indebtedness debtedness of th the e corporation issuing it is called a. Convertible bond b. Equipment bond c. Collateral bond d. Funding bond 3. 4. 5. A bond secured by stocks or other bon bonds ds or both which are owned by the debtor, the securities being de...