In determining if two operating segments may be combined into one, which of the following factors should be considered?
a. similarities regarding profit margins
b. whether the nature of the products and services is similar
c. whether there is a similar amount of intracompany sales
d. whether there is a similar number of employees
b
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Situational analysis, as part of the formal planning process,
A. focuses on the internal forces at work within an organization and examines influences from the external environment. B. focuses on the external forces at work within an organization and examines influences from the internal environment. C. focuses on the internal forces at work within an organization and examines influences from the internal environment. D. focuses on the external forces at work within an organization and examines influences from the external environment. E. focuses on past conditions, current trends, and future events. The situational analysis focuses on the internal forces at work in an organization or work unit and, consistent with the open-systems approach, examines influences from the external environment.
Which of the following liabilities is created when a company receives cash for services to be provided in the future?
A) Unearned Revenue B) Accrued Liability C) Accounts Payable D) Estimated Warranty Payable