Chapter Six Business Formation: Choosing the Form that Fits Review Questions 1. Describe the basic features that distinguish the four basic forms of business ownership: sole proprietorships‚ general partnerships‚ C corporations‚ and limited liability companies. Sole Proprietorship – the business is owned by a single individual Partnership – two or more people serve as co-owners of the business Corporation – the business is a separate legal entity Limited Liability Company – a hybrid with characteristics
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My teaching practices meet this standard because in my classroom I try to implement all the resources that was given to me in my cda classes. i do that by doing the following. Functional Area #1 Safe- In order to provide a safe environment I must make sure that all sockets are covered with socket covers. Another way I can keep my children safe is by making sure all cleaning materials are put up and out of sight of children to avoid any poisoning. I also make sure that our first aid kit is well
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"Food establishment" means an operation where food is processed‚ packed‚ canned‚ preserved‚ or frozen . Health Regulations - Food Establishments Food handlers Every person directly handling unwrapped or unprotected food shall keep clean and wear clean‚ light-colored‚ washable clothing while on duty. Adequate dressing space shall be provided apart from any room in which food may be opened to contamination. Toilet rooms are not considered adequate quarters to be used as dressing rooms. Such
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Background: As part of its stated mission and vision for the future‚ Central Michigan University (CMU) is committed to preparing the students and citizens of Michigan for leadership roles in an increasingly complex and challenging society. Of paramount importance‚ is the need for these emerging leaders to embrace integrity while serving their communities and their professions. Recognizing the need to prepare the next generation of leaders for the State of Michigan‚ in 1997 CMU established
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Managerial Accounting Exam 1 1. Managerial accounting places considerable weight on: A) generally accepted accounting principles. B) the financial history of the entity. C) ensuring that all transactions are properly recorded. D) detailed segment reports about departments‚ products‚ and customers. Answer: D AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement LO: 1 Level: Easy 2. The plans of management are often expressed formally in:
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sales trend percent for 2005 is: Analysis Period amount/Base Period Amount x100 9. One of several ratios that reflects solvency includes the: Debt-to-equity ratio 10. Current assets divided by current liabilities is the: Current Ration 11. Ch.18 Managerial accounting is different from financial accounting in that: (users and decision makers‚ purpose of info‚ flexibility of practice‚ timeliness of information‚ time decision‚ focus of information‚ nature of information) 12. Which of the following items
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THE MANAGER’S JOB IN CONTEXT Mangers are the building blocks of an organisation. They are the first persons to be answerable for every good and bad that happened in any organisation. Their job is to look after many things that are happening in an organisation and maintain the path of an organisation smooth and competitive with less hurdles and disturbances. In order to achieve this‚ managers have to work both physically and mentally in many areas and they even have to make their employees to work
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employees * Oversees organizational leadership and culture * Develops new approaches * Generates innovative ideas that are strategically aligned with department goals * Serves as a change agent and leads change efforts HR Manager as Competency Developer Human Resources is an asset that need to be managed conscientiously and in tune with the organizations needs. Todays most competitive organization are working to ensure that – now and a decade from now – they have employees who are eager
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After reading this book‚ I realized that I already use a lot of the things that Focazio focuses on. I decided I would use this assignment to reveal what I do when I’m not being a fulltime student. Since I can remember‚ I was raised to be a super hero. I was raised in a life where magic wasn’t a myth and extraordinary powers were a common everyday thing. I decided to go through things in the book I liked a lot and relate them to things I’ve learned from becoming the hero that I am today. I’ll
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Commerce 354 Lecture Notes and Problems Prepared by J. Kroeker Sauder School of Business University of British Columbia NOTE: Please refer to the “Lecture Preparation Instructions” tab in Vista prior to each class for detailed instructions and reading assignments. Each lecture will require preparation. Identify Issues Analyze Data Build Model Run Model Make Decision Management Accounting: Decision-making The Corporate Environment: Corporations are a conglomeration of people
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