Restaurants must post guidelines on the number of calories that an average person requires daily
a. True
b. False
Indicate whether the statement is true or false
True
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To ensure that the financial statements articulate, it is important that the change in the cash balance on the balance sheet each year agrees with
a. the cash collections from sales in the projected income statement. b. the cash provided by or used by operations on the projected statement of cash flows. c. the net change in cash on the projected statement of cash flows. d. the net change in working capital from period to period.
On December 1, Simpson Marketing Company received $3,600 from a customer for a 2-month marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned fees. The adjusting entry for the year ended December 31 would include:
A. a debit to Unearned Fees for $1,800. B. a debit to Earned Fees for $3,600. C. a credit to Earned Fees for $3,600. D. a credit to Unearned Fees for $1,800. E. a debit to Earned Fees for $1,800.
New Apps Company develops "Browser Lite" software, which speeds the display of graphics on Web sites. Browser "Lite" has the most copyright protection under
a. the Berne Convention. b. the Paris Convention. c. the TRIPS Agreement. d. the Madrid Protocol.
The People's Republic of China has two official currencies, the Chinese renminbi (RMB) and the yuan (CNY)
Indicate whether the statement is true or false.