Question 3
In year 1, Company A has the following info in its financial statements: Retained Earnings (ending balance) of $95,000; Revenue of $100,000, Expenses (including tax expense) of $30,000, and dividends declared $7,000.
What amount will be shown as Net Income in Income Statement?
Correct answer. Net Income = Revenue – all Expenses. Beginning balance in Retained Earnings + Net Income – Dividends Declared = Ending balance in Retained Earnings.
2. Question 2 Which five items should you track throughout the project execution phase? 1 / 1 point Project costs Tracking costs helps keep the project within budget. Key tasks and…
4. Question 4 An argument that is spoken is no good if it is not spoken loudly enough. 1 / 1 point True False Correct ANSWER: False How loud the argument…
20. Question 20 A brand has a new goal to get more people to see, share, like and comment on individual posts on Facebook and Instagram. Which campaign objective is…
28. Question 28 In which major section of Ads Manager (found in the top navigation bar) would you prepare mockup ad campaigns? 1 / 1 point Manage Business Advertise Engage…
7. Question 7 True or false: “Leading clocks lag” is a consequence of the relativity of simultaneity. 1 point True False
2. Question 2 Your team built an online payment system for school lunches. Overall, the product is working well and you’re looking at what’s next. The schools have collected the…
