Eric has seen rumors on various social media sites that his small company is about to be sold to a multinational corporation. What was Eric using to get his information?

A business buys $300 of office supplies on account. Which of the following accounts is debited?

A) Cash B) Accounts Payable C) Office Supplies D) Accounts Receivable

Which of the following best describes research objectives?

A) When achieved, they provide a clear picture of the problem. B) When achieved, they provide a basis for future research. C) When achieved, they provide the necessary information to solve the problem at hand. D) When achieved, the researcher may go on to the next step in the research process. E) When achieved, they provide a basis for secondary data research.