Mgmt 200 final - Study guides, Class notes & Summaries

Caveat emptor correct answers Let the buyer beware How are law and ethics intertwined? correct answers The "law" is societies codification of ethics; laws and regulations make certain unethical conduct legal. Ethics correct answers Determining the right thing to do, via moral reasoning Wall Street Article involving ethics correct answers In a study, 1/3 of people who worked on WallStreet who said they made more than $500,000 annually, contend they have 'witnessed or have firsthand kn...

Woodcrest, Inc. borrowed $50k from a local bank and signed a promissory note. What entry should they record? A. Debit Cash, 50k. Credit Notes Receivable, 50k B. Debit Notes Rec., 50k. Credit Cash, 50k C. Debit Cash, 50k. Credit Notes Pay 50k D. Debit Notes Pay, 50k, Credit Cash 50k correct answers C We record interest expense in the period in which we pay it, rather than in the period we incur it A. T B. F correct answers B. Interest expense is recorded in the period incurred, not in ...

PURDUE MGMT 200 FINAL EXAM REVIEW

MGMT 200 FINAL EXAMS, STUDY GUIDE EXAM AND PRACTICE EXAMS (PURDUE UNIVERSITY) WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED RATIONALES ANSWERS LATEST 2024 (NEWEST) ALREADY GRADED A+

Woodcrest, Inc. borrowed $50,000 from a local bank and signed a promissory note. What entry should Woodcrest record? Debit Cash, $50,000; Credit Notes Payable, $50,000. We record interest expense in the period in which we pay it, rather than in the period we incur it False. Interest expense is recorded in the period incurred, not in the period in which we pay it. On November 1, 2018, Knomark, Inc. signed a $100,000, 6%, six‐month note payable with the amount borrowed plus accrued interes...

stipulation correct answers where both parties agree to a version of at least some of the facts before trial; saves time, arguments, research Test for ineffective assistance of counsel correct answers 1. specific acts or omissions that were outside of the bounds of competent assistance (negligence) 2. counsel's errors actually prejudiced the defendant to the point where he was denied a fair trial duty of confidentiality correct answers broader than attorney-client privilege, but also les...

types of torts correct answers intentional, based on negligence, and strict liability tortfeasor correct answers someone accused of a tort, can be more than one negligence per se correct answers failure to comply with the requirements of coming to court for a summons, goes straight to damages duty of care correct answers ordinary care expected of someone foreseeability correct answers we don't hold someone accountable for something they couldn't at all predict, like Eisenhower, car...

MGMT 200 Final Exam 156 Questions and Answers 2023 Mgmt 200 Final Exam/156 Questions and Answers. Woodcrest, Inc. borrowed $50,000 from a local bank and signed a promissory note. What entry should Woodcrest record? A. Debit Cash, $50,000; Credit Notes Receivable, $50,000. B. Debit Notes Receivable, $50,000; Credit Cash, $50,000. C. Debit Cash, $50,000; Credit Notes Payable, $50,000. D. Debit Notes Payable, $50,000; Credit Cash, $50,000. - Correct Answer -C True or False: We record interest expen...

MGMT 200 Final Exam with complete solutions

MGMT 200 FINAL EXAM ACTUAL EXAM 2024 (PURDUE UNIVERSITY) | 2 DIFFERENT EXAMS | ALL QUESTIONS AND CORRECT ANSWERS | PROFESSOR VERIFIED | ALREADY GRADED A+ | LATEST EDITIONS