Top managers look ahead to the next one to five years in which of the following type of plan?

A) strategic
B) vision
C) operational
D) tactical
E) mission

Answer: A
Explanation: A) With the company's vision and mission in mind, top managers like CEOs look at long-term goals set according to the resources they anticipate having.

Business

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For a standard normal random variable, find the probability that z exceeds the value -1.65

A) 0.4505 B) 0.9505 C) 0.0495 D) 0.5495

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Five percent bonds with a total face value of $12,000 were purchased at par during the year. The last interest payment for the year was received on July 31 . The bonds pay interest semiannually. The adjusting entry at December 31 would include a

a. debit to interest revenue of $600. b. debit to interest revenue of $250. c. credit to interest revenue of $300. d. credit to interest revenue of $250.

Business