Janice,a Supervisor in a Major Department Store,is Considering Enrolling at the University

question 47

Multiple Choice

Janice,a supervisor in a major department store,is considering enrolling at the University of Phoenix to earn an MBA after researching other online higher education programs.Which of the following is Janice LEAST likely to experience if she enrolls at the University of Phoenix?

• A) variety of learning opportunities
• B) simplified coursework
• C) cost and time savings
• D) flexible scheduling

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Definitions:

Net Income

The company's net income, which is the remainder after deducting all expenses, taxes, and costs from the gross revenue.

Drawings

The act of the business owner taking out money or assets from the enterprise for private use.

Balance Sheet

A record that consolidates information about a company's assets, financial obligations, and the equity portion attributable to shareholders at a distinct time.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in net profit or loss.