What are financial derivatives?
What will be an ideal response?
A financial derivative is a market security designed as a contract between two or more parties with a price that is derived from an agreed upon underlying asset.
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________ is a form of online word of mouth, or "word of mouse," that encourages consumers to pass along company-developed products and services or audio, video or written information to others online
A) Viral marketing B) Guerrilla marketing C) Microsite marketing D) Interstitial marketing E) Public relations
Mark Zuckerberg is the person ____ created the social networking site Facebook
A) who B) whom
Which of the following is an example of a dishonor?
A) Dan forgets to make presentment of a check but demands money from Ben. B) Dan issues a check to Ben, who takes it to the bank after six months and the bank declines. C) Dan issues a check to Ben but it is returned by the bank due to insufficient funds. D)Dan demands payment of a note from Ben before the due date and Ben declines.
During June, the Grass Is Greener Company mows 100 lawns a week; the company bills customers and full payment is due by July 15. The company uses the accrual basis of accounting. How will these events affect the company's financial statements?
A. In July, an asset account will increase and a liability account will decrease. B. In July, a liability account will decrease and a revenue account will increase. C. In June, an asset and a liability account will both increase. D. In June, an asset and a revenue account will both increase.