The benefits portion of a compensation package most likely plays an important role in:

A) rewarding employees' performance.
B) attracting and retaining employees.
C) managing the profits of the company.
D) managing employee performance.

Answer: B

Business

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A company received $5,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include a ________. The company uses a liability account for revenue received in advance

A) credit to Accounts Payable for $5,000 B) debit to Prepaid Expenses for $5,000 C) credit to Unearned Revenue for $5,000 D) debit to Note Payable for $5,000

Business

A company that uses data mining is unlikely to need a data warehouse, as the company's data is constantly in use

Indicate whether the statement is true or false

Business