The Following Table Contains Financial Information for Fisher Inc How Many of the Above Accounts Are Permanent?
A) Three

question 168

Multiple Choice

The following table contains financial information for Fisher Inc. for 2012 before closing entries: $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 23,000 \\\hline \text { Common Stock } & 34,000 \\\hline \text { Supplies } & 4,000 \\\hline \text { Advertising Expense } & 2,000 \\\hline \text { Accounts Payable } & 20,000 \\\hline \text { Service Revenue } & 30,000 \\\hline \text { Salaries Expense } & 3,000 \\\hline \text { Prepaid Rent } & 4,000 \\\hline \text { Dividends } & 3,000 \\\hline \text { Equipment } & 45,000 \\\hline\end{array}$$ How many of the above accounts are permanent?

• A) Three.
• B) Four.
• C) Five.
• D) Six.

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Definitions:

Follower Attitudes

The perceptions, feelings, and behavioral tendencies that individuals who are led by others hold towards their leaders, work, and organizational environment.

Managing Diversity

The practice of recognizing, valuing, and effectively leveraging different cultural, ethnic, gender, and other differences in an organization to achieve a competitive advantage.

Cultural Values

The deeply ingrained principles and standards that influence behaviors and beliefs within a specific community, society, or organization.

Stereotypes

Oversimplified and generalized beliefs about a group of people that do not account for individual differences.