Adjusting entries affect at least one a. revenue and the dividends account b. revenue and one owner's equity account c. asset and one owner's equity account d. income statement account and one balance sheet account

Porter Plumbing's stock had a required return of 11.75% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%. Then an increase in investor risk aversion caused the market risk premium to rise by 2%.

Which of the following firms would likely pose the least competitive threat? a. a firm in the same industry and in the same strategic group b. a firm in the same industry and in the nearest strategic group looking to join your group c.

Jessica invested $2,000 today in an investment that pays 6.5 percent annual interest. Which one of the following statements is correct, assuming all interest is reinvested?

Elizabeth has decided to purchase a new electric juicer and plans to call several friends for updated information about alternative brands.

Which of the following professional services would be considered an attestation engagement? A. Advising management in the selection of a computer system to meet business needs. B.

Some company executives favor the idea of contract manufacturing using local players, whereas others feel a direct investment strategy would be better. What would most strengthen argument for direct investment?

A company has a defined benefit pension plan for its employees. On December 31, year one, the accumulated benefit obligation is $45,900, the projected benefit obligation is $68,100, and the fair value of the plan assets is $62,000.

Which type of workplace culture emphasizes the development of new skills? a. achievement-based b. adaptive-based c. involvement-oriented d. consistency-oriented

Jones Co. started the year with no inventory. During the year, it purchased two identical inventory items at different times. The first purchase cost $1,240 and the other, $1,570. Jones sold one of the items during the year.

The culture of UPS places service to the customer among the company's highest business objectives, which is reflected in their use of information systems to enable customer tracking of their packages.