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Questions in business
[Free] Mary is promoted to salary level 3, receives a 2% cost-of-living increase and a 5% merit bonus. What is Mary's new salary? | Level | 1 | 2 | 3 | |-------|---------|---------|---------| | Salary | $46,000 | $50,000 | $54,000 |
[Free] Which of the following employees derives their income from a fee for the items sold? A. commission B. piece rate C. salaried D. tip
[Free] The strategic plan option is available only to large financial institutions. A. True B. False
[Free] Bev knew that when she was dealing with Kirsten that Kirsten was representing another party in a land purchase, but she did not know whom. This type of agency is a/an A. undisclosed agency B. partially disclosed agency. C. gratuitous agency. D. disclosed agency.
[Free] What is brand value? A) The number of products a brand sells annually B) The emotional connection customers have with a brand C) The amount of money spent on advertising a brand D) The financial worth of a brand if it were to be sold
[Free] What are the minimum pieces of identification you must collect from a U.S. person opening an account? A. Name, address, date of birth, and telephone number B. Name, date of birth, place of birth, and taxpayer identification number (TIN) C. Name, post office box, and taxpayer identification number (TIN) D. Name, street address, date of birth, and taxpayer identification number (TIN)
[Free] Which activity helps in identifying market gaps? A. Investing in real estate B. Studying consumer complaints C. Ignoring competition D. Running social media ads
[Free] 5. Match the element to the correct definition according to the International Accounting Standards Board's Conceptual Framework for Financial Reporting: | Element | Definition | |---|---| | Expense | Decreases in assets or increases in liabilities, that result in decreases in equity, other than those relating to distributions to holders of equity claims | | Liability | A present obligation of the entity to transfer an economic resource as a result of past events | | Asset | A present economic resource controlled by the entity as a result of past events | | Equity | The residual interest in the assets of the entity after deducting all its liabilities. | 6. Which of the following is an example of following the principle of faithful representation? A) Showing lease payments as a rental expense B) Being prudent by recording the entire amount of a convertible loan as a liability C) Creating a provision for staff relocation costs as part of a planned restructuring D) Recording a sale and repurchase transaction with a bank as a loan rather than a sale 7. A forum for consultation with parties affected by the work of the International Accounting Standards Board is provided by: A) The International Financial Reporting Interpretations Committee B) The IFRS Advisory Council C) The IFRS Foundation D) The IFRS Consulting Committee
[Free] An electric device delivers a current of [tex]$15.0 A$[/tex] for 30 seconds. How many electrons flow through it?
[Free] A company issues 12% debentures of face value Rs. 100 for Rs. 6,00,000. The floating charges on the issue are 5% on face value. The interest is payable annually, and the debentures are redeemable at a premium of 10% after 10 years. What will be the cost of debentures if the tax rate is 50%?
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