King corporation often transfers funds from its general account into a special account that is used exclusively to make debt payments. near the end of the year, the company had the following transfers: from general account to special account amount recorded in books recorded by bank recorded in books recorded by bank $ 35,000 12/29/13 1/2/14 12/31/13 12/31/13 $ 20,000 12/30/13 12/31/13 1/2/14 1/2/14 $ 30,000 12/31/13 1/2/14 12/31/13 1/2/14 $ 40,000 1/2/14 1/4/14 12/31/13 1/3/14 given the information above, choose the correct statement about king’s cash balance: multiple choice cash is overstated by $15,000. cash is overstated by $40,000. cash is fairly stated. cash is overstated by $20,000.

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics

According to this excerpt, a key part of our national security strategy is