1. What is the first step in budgeting?

The company makes apparel products for extreme sports enthusiasts such as rock climbers, triathletes, parasailors, and BMX bikers. Sarah wants her company to pursue a high level of corporate entrepreneurship.

Your company rents computers to local businesses and schools. You have 1,600 computers with a book value of $163,000.

What is the principle that producers are entitled to make more money from a business than they invest? A. Profit motive B. Risk and reward C. Capital stock D. Free enterprise

SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2019.

Eduardo's new company wanted to be transparent about all their products, so he chose to market his cleaners as 30 percent toxic and 90 percent effective.

In the US, public insurers such as Medicare are forbidden by law from applying formal health technology assessments - and in particular, cost-effectiveness analyses - in deciding whether to cover new health technologies, no matter how expensive.

Select the correct answer. Which of these is not considered for deduction of federal income tax? A. interest earned from state bonds B. earnings from commission C. earnings from tips or bonus D. income from awards and prizes

Corporate finance is concerned with the different aspects of a business's financial management. The chief financial officer (CFO) is the top financial position in the organization and oversees several tasks.

For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come.

Under the going concern principle, accountants must provide proof that the business will remain in operations long enough to use existing resources for their intended purpose. T/F