Long, Inc uses the accrual basis of accounting. Long's rent expense account had a balance of $18,000 at the end of the year. The prepaid rent account had a balance of $5,000 at the beginning of the year and a balance of $9,000 at the end of the year. How much cash was paid for rent during the year?

A) $ 5,000
B) $9,000
C) $18,000
D) $22,000

D

Business

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It is common that a multinational company eventually creates ________ or subsidiaries to handle all of its international activity

A) export departments B) international divisions C) geographical organizations D) world product groups E) global organizations

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Which of the following is not a Level One technique?

a. Bonus payments b. Trips to Hawaii for winning sales contests c. Demotion d. Creating a clear vision for employees e. Threatening to fire someone.

Business