Posts by Collin Foley:
question Accountants answer Measure and disclose financial information, with an assurance of accuracy, to the public. They provide information to managers, investors, tax authorities, and other stakeholders who make resource allocation decisions for corporations. Accountants have their own set of rules. One is that if there is a choice between equally acceptable accounting methods, they […]
Read morequestion Formal research methods are generally required for what type of business documents? answer Long reports and complex business problems question Stephanie is preparing a market analysis for her business plan. For firsthand information she should answer conduct interviews and surveys or organize a focus group question How should the following be classified? Liana called […]
Read morequestion An action a company takes to attain superior performance through the creation advantages. answer What is strategy? question The process by which managers choose a set of “good” strategies for the enterprise to pursue its objectives. answer What is the strategic management process? question A central objective of strategic management is to learn why […]
Read morequestion Accession record (numeric system) answer Log book used to assign numbers to correspondence or patients question Caption answer Method of designation used on file guides question Cross-reference answer Notation on a file to direct the reader to a specific record that may be filed under more than one name/subject (e.g. married name/maiden name or […]
Read morequestion Which of the following is true about a screening router? answer It should be combined with a firewall for better security question Which of the following is true about a dual-homed host? answer Serves as a single point of entry to the network question Which of the following best describes a DMZ? answer A […]
Read morequestion Business-to-business marketing answer Organizational sales and purchases of goods and services to support production of other products, to facilitate daily company operations, or for resale. question Commercial Market answer Individuals and first that acquire products to support, directly or indirectly, production of other goods and services. question Trade Industries answer Retailers or wholesalers that […]
Read morequestion people who are promoted to leadership positions in organizations typically answer combine human relations skills with intellectual skills question your job is less likely to be outsourced if it answer involves established relationships with people question from the standpoint of management, human relations is quite important because it contributes to answer organizational effectiveness question […]
Read morequestion Which of the following conveys meaning and is useful to users? answer Information question Which of the following is a category of users? answer enterprise users question In which of the following mouse operations do you press and release the secondary mouse button? answer right-click question In which gesture do you quickly touch and […]
Read morequestion General Partnership (Ordinary Partnership) answer An association of two or more persons to carry on as co-owners of a business for profit [UPA Section 6(1)] question general partners (partners) answer persons liable for the debts and obligations of a general partnership question Uniform Partnership Act (UPA) answer a model act that codifies partnership law. […]
Read morequestion To take one’s disputes to court answer Litigate question In some cases, the parties invite a third party to act as a _______ answer Mediator question Usually holds an informal hearing to determine what happened. answer Arbitrator question Can be defined as a governmental forum that administers justice under the law answer Court question […]
Read morequestion Principles answer Specific boundaries for behavior that are UNIVERSAL and ABSOLUTE. question Social Responsibility answer An organization’s obligation to maximize its positive impact and minimize its negative impact on stakeholders. question What is consumerism? answer Protects the rights of consumers. question Ethics is a part of decision making of what level(s) of work and […]
Read morequestion The system of business in which individuals are free todecide what to produce, how to produce it, and what price to sell it. answer Define Free Enterprise question He is one of the worlds most respected black business owners. He sells hair care snd cosmetic products answer What does Joe Dudley sell and who […]
Read morequestion If a firm wants to develop a sustainable competitive advantage it should: answer examine its operations and customer relations to identify significant things its competitors cannot easily copy question What are the four overarching strategies of strategic excellence? answer Locational excellence Customer excellence Operational excellence Planning excellence question Product Excellence answer Having products with […]
Read morequestion Approximately 600,000 new businesses are launched in the U.S. each year by entrepreneurs. answer True question The process of initiating a business venture, gathering and organizing the appropriate resources, and assuming the associated risks and rewards refers to entrepreneurship. answer True question Sole proprietorships are one of the fastest growing segment of small business. […]
Read morequestion The less specific you are while writing your business messages, the greater the possibility that your readers will A.) be assured that you are not hiding facts. B.) scan and skim your message. C.) be assured of your credibility. D.) read your message more carefully. E.) focus on the main message. answer B.) scan […]
Read morequestion The sign on the wall answer What seemed ro quavee under the sliding water question Time safari, inc. Safaris to any year in the past. You name an animal. We’ll take you there. You shoot it. answer What did the sign on the wall say? question he swallows hard before walking in He asks […]
Read morequestion impeachment answer A constitutional procedure by which federal judges and civil officers can be removed from office before their terms expire question 25th Amendment answer Legislation that specifies the conditions and order of succession to the presidency and vice presidency when the president leaves office before completion of his term question “in-and-outers” answer People […]
Read morequestion Net realizable value equals the sales price minus reasonable further costs to both make the item ready to sell and to sell it answer TRUE question Under the sales revenue approach to estimating uncollectible accounts receivable a percentage of gross uncollectible accounts receivable is determined to establish the bad debts expense answer FALSE question […]
Read morequestion Operating expenses are subtracted from fees earned for a service business and from gross profit for a merchandising business answer True question Net sales is equal to sales plus cost of merchandise sold answer False question The merchandise inventory account is found on the balance sheet answer True question Net income of loss may […]
Read morequestion a set of rules and practices, having substantial authoritative support, that the accounting profession recognizes as a general guide for financial reporting purposes rules based broader-Doing it the right way answer GAAP (generally accepted accounting principles) question a set of standards, issued by the IASB (international accounting standards board) that have been adopted by […]
Read morequestion Directing and managing project execution involves carrying out the project management plan by performing the activities included in it. answer *a. True b. False question Many people consider project integration management the key to overall project success. answer *a. True b. False question Project integration management does not include interface management. answer a. True […]
Read morequestion Three Main Purposes of Business Reports answer convey information, answer questions, solve problems question 2 types of reports answer informational, analytical question report formats answer letter,memo, manuscript, preprinted forms, digital question Present data without analysis or recommendations Are routine and often periodic is what kind of report answer informational question Provide data or findings, […]
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