Which term refers to the discipline that deals with what is good and bad or right and wrong?
A) morals and traditions
B) social responsibility
C) cultural norms
D) ethics
Answer: D
Business
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Adams Corporation reported net sales of $300,000, $330,000, and $360,000 in the years 2012, 2013, and 2014, respectively. If 2012 is the base year, what percentage do 2014 sales represent of the base?
A. 77% B. 108% C. 120% D. 130%
Business
The formation of a sole proprietorship
A. Requires registration with the federal government's Small Business Administration. B. Requires a formal "doing business as" filing under state law if the proprietor plans to do business under a fictitious name. C. Requires formal registration in each state the proprietor plans to do business in. D. Is not as easy and inexpensive to form as an S corporation.
Business