The debit balance in Cash Short and Over at the end of an accounting period is reported as

a. an asset on the balance sheet.

b. a liability on the balance sheet.

c. an expense on the income statement.

d. income on the income statement.

When economists speak of scarcity, they are referring to the condition in which society is not employing all its resources in an efficient way. condition in which people's wants outstrip the limited resources available to satisfy those wants.

1. Unlimited liability is faced by the owners of: A. corporations. B. partnerships and corporations. C. sole proprietorships and general partnerships. D. all forms of business organization.

If you worked as an employee, where can you find the information about how much money your employer withheld for federal income tax? (Select the best answer.

Whom does inflation hurt the most? Question 1 options: consumers debtors producers creditors

This is a growth strategy with a goal to take customers away from competitors. A.) market penetration B.) product development C.) diversification D.) market development

The definition of manager has three components. Which one below is not one of them? a. A manager is always responsible for contribution b. Managers always get something done through other people c.

For segmentation strategy to be successful, the customers in the segment must react similarly and positively to firm's offering, corresponding to which of the following criteria for evaluating segment attractiveness?

Joe and Joanne own JoJo's Jet-Fast Oil-Change and Auto Service. When budgeting for next year's benefit expenses, Joe and Joanne estimate that their unemployment and workers' compensation costs will increase because of a high number of claims during

A national health care plan would also control the wildly escalating cost of prescription drugs. This would particularly benefit the elderly who mostly live on fixed income.

What happens when you do not make a decision?