The Income Summary account is credited in the entry that closes
a. expense accounts.
b. revenue accounts.
c. the Dividends account.
d. net income.
B
Business
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Due to certain strict environmental and employment standards in its home nation, Taurus Inc. has shifted its operations to developing nations
Hence, the firm has now been able to gain competitive advantage by avoiding costly pollution controls. This strategic move of Taurus Inc. will be considered: A. illegal. B. ethical. C. immoral. D. uneconomical. E. totalitarian.
Business
The managerial role that changes the most between middle and top managers is ________
A) planning B) organizing C) controlling D) leading
Business