Use a direct organizational pattern in an adjustment message granting a claim
Indicate whether the statement is true or false
True
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High Step Shoes had annual revenues of $190,000, expenses of $106,200, and paid dividends of $20,000 during the current year. The retained earnings account before closing had a balance of $302,000. The Net Income for the year is:
A. $63,800 B. $83,800 C. $190,000 D. $365,800 E. $385,800
In negotiations, the walk-away point that represents the lowest offer a party would be willing to accept is known as the ________
A) reservation value B) best alternative C) peak price point D) price objection E) zone of possible agreement
The emphasis in effective selling is to
A) get customers to accept the same solution to their problems. B) minimize the size of the order. C) maximize the size of the order. D) solve customer problems. C
The City of Crescent Hill operates a central motor pool as an internal service fund for the benefit of the city's other funds and departments. In the current year, this fund billed the Parks Department $30,000 for vehicle rentals. If the Parks Department is a governmental fund, which account should the Parks Department use to record these billings?
A. Interfund Exchanges. B. Interfund Transfers In. C. Cost of Rentals from Other Funds and Units. D. Expenditures.