When partners own different portions of the business, the terms should be stated clearly in what document?

The articles of incorporation

The executive summary

The business summary

The partnership agreement

Novak, CPAs, are preparing their service revenue (sales) budget for the coming year (2017). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below.

Marsha Bogswell is the sole stockholder of Bogswell Legal Services. Which accounting principle requires Marsha to keep her personal financial information separate from the financial information of Bogswell Legal Services? a. Monetary unit assumption.

Widmer requires a minimum $15,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly).

String Inc. is a software development firm that specializes in information systems. The firm receives a contract to create an information system for one of its clients. What indicates that String is using the prototyping approach?

A strong employer-employee relationship is central to: A. achieving a corporation's goals of economic production. B. satisfying the wishes of those who contribute their skills and talents to the company. C.

Tara is responsible for the strategic planning retail planning process in her organization. She has identified the strategic opportunities. Which of the following steps is most likely Zara's next stage in the strategic retail planning process? A.

During 2015, Blevert Co. introduced a new line of machines that carry a three-year warranty against manufacturer's defects.

There are five stakeholders a company must consider when practicing social responsibility: Group of answer choices Employees Investors Environment Community Countries Customers Board of Directors

Mize Company provided $45,500 of services on account, and collected $38,000 from customers during the year. The company also incurred $37,000 of expenses on account, and paid $32,400 against its payables.

Describe three of the five different types of investments available to consumers and the advantages and disadvantages of each.