Which of the following is an example of an electronic fund transfer:
a. an ATM deposit
b. a direct deposit of a paycheck
c. using a debit card to buy groceries d. an automatic bill paying service
e. all of the other choices are correct
e
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Joshua Thomas Corporation manufactures and retails computer hardware. The president of the corporation bought a new car as a gift for his daughter and paid for it using cash from the business
Since the corporation paid for the car, it was recorded in its books as an asset. Which of the following concepts or principles of accounting did the corporation violate? A) monetary unit assumption B) economic entity assumption C) cost principle D) going concern assumption
The number of employees a supervisor can efficiently and effectively direct is called span of control. Contemporary organizations find that ________ create flat organizations with fewer vertical levels
A) wide spans B) narrow spans C) specialized work teams D) assembly lines E) demanding tasks