A subsidiary ledger is

A) a journal used by a company to record its transactions with a similar characteristic.
B) a group of accounts, all of which relate to one specific company activity.
C) the entire group of accounts for a company.
D) a record of all the daily activities.


B

Business

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When determining whether to record an asset as a fixed asset, what two criteria must be met?

A) Must be an investment and must be long lived. B) Must be long lived and must use the asset in a productive manner. C) Must be long lived and must be a tangible asset. D) Must be a tangible asset and must be an investment.

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The company which drew keen interest by the federal government as becoming too powerful in the radio industry:

A. ABC B. ACR C. NCAA D. RCA

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Phyllis works as a reviewer for applicants for food stamps in her state. An effective measure of Phyllis's productivity would include the number of applications she processes per week minus the number of applications she incorrectly accepts or rejects

Indicate whether the statement is true or false.

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White papers, case studies, blogs, and videos are all ways for a seller's website to provide a buyer with useful content.

Answer the following statement true (T) or false (F)

Business