Mark paid $500 cash to partially reduce the amount owed for equipment that was previously bought on account. This transaction would:
A) increase both assets and liabilities.
B) increase assets and decrease liabilities.
C) decrease both assets and liabilities.
D) decrease assets and increase liabilities.
Answer: C
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It is difficult to enter Japan's retail market because of:
A) its maze of importion and operational laws. B) high brand loyalty. C) its high dependence on black markets. D) low level of disposable income.
Strategic planning is performed at what level of management, for what purpose?
a. top management; determining the long-term goals of the organization b. top management; determining the specific tasks and activities necessary to carry out the tactical plan c. middle management; determining the long-term goals of the organization d. middle management; determining the specific tasks and activities necessary to carry out the tactical plan