A column in journals and ledger accounts that is used to cross reference journal and ledger entries is the:
A. Account balance column.
B. Debit column.
C. Posting reference column.
D. Description column.
E. Credit column.
Answer: C
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The Steenhaut and Van Kenhove research into ethical consumer behavior was based on __________________.
a. Unreported endorsements b Giving too much change at the checkout in a store c. Compromising consumer privacy d. Improper anonymity
The federal Truth-in-Lending law:
a. requires the lender to show how much profit is made on a particular sale. b. regulates the maximum cost of credit. c. is a uniform law, like the UCC, made available to all states. d. is intended to allow comparison of various credit offers or advertisements.
The simplest form of business is a sole proprietorship
a. True b. False Indicate whether the statement is true or false
Use the information in Table D.3. According to the optimal production plan, what is the overtime production in the second quarter?
A) two units B) three units C) four units D) five units