Payton Corporation, acquired some office equipment, including a desk costing $900

The owner of the business next door said that he had been searching for a desk just like that one, so Payton Corporation, sold the desk to its business neighbor at cost, receiving $400 in cash, with the remainder to be paid in 30 days. The effect of this transaction on Payton Corporation, would be to
A) increase the cash account by $400, increase the capital account by $500, and decrease the equipment account by $900.
B) increase the cash account by $400, increase the accounts payable account by $500, and decrease the equipment account by $900.
C) increase the cash account by $400, decrease the accounts payable account by $500, and decrease the equipment account by $900.
D) increase the cash account by $400, increase the accounts receivable account by $500, and decrease the equipment account by $900.
E) increase the cash account by $400, decrease the accounts receivable account by $500, and decrease the equipment account by $900.

D

Business

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Political candidates who get the most media coverage are more likely to win elections because of the effect of ________ in determining one's set of referents

A) propinquity B) mere exposure C) group cohesiveness D) reference bias

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Bob wants to focus this year's employee assessment interviews on discussing the traits each employee displays. You should most likely tell him that trait-based appraisal tools:

A) can be beneficial but are more expensive than other methods. B) have a tendency to make employees defensive. C) are illegal according to EEOC guidelines. D) are helpful in boosting employee morale.

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