A list of all the accounts from the ledger with their ending balances is called a:
A) normal balance.
B) trial balance.
C) chart of accounts.
D) bank statement.
Answer: B
Business
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Assume the spot price of gold is $750 per ounce, the 1-year forward price is $770, and the annual interest rate is 4.5%. What is the price of a zero-coupon note paying 1 ounce of gold in one year?
A) $770 B) $750 C) $725 D) $736
Business
Odysseus Corp is attempting to flatten its organizational hierarchy. It is encouraging the use of cross-hierarchical teams, participative decision-making practices, and 360-degree performance appraisals
Based on this information, we can say that Odysseus Corp is attempting to create a ________ organization. A) highly centralized B) virtual C) boundaryless D) highly formalized E) highly departmentalized
Business