Which of the following is NOT a strategy for managing or reducing debt?
A) Use a debit card instead of cash.
B) Transfer high interest credit card balances to lower interest accounts.
C) Pay more than the minimum payment on credit cards.
D) Pay off credit cards with the highest interest rates first.
A
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During 2019, Ocean Consulting had the following transactions with it clients (customers):On February 1, 2019, the company received cash of $10,000 from clients in payment of their account balances as of December 31, 2018. On November 1, 2019, the company received $4,000 cash as payments in advance for services to be performed in 2020. The company received a total of $26,000 in cash for services that were performed during 2019. The company sent bills totaling $8,000 to clients for services performed during 2019; this amount was unpaid as December 31, 2019. As a result of these transactions during 2019, the firm's stockholders' equity will:
A. increase by $40,000. B. increase by $34,000. C. decrease by $10,000. D. decrease by $4,000.
For good internal control, programmers should not be given access to program documentation for the programs they work on.
Answer the following statement true (T) or false (F)
When the Food and Drug Administration prohibits a certain drug from being marketed in the United States, this is
a. private law. b. an agency regulation. c. legal negativism. d. an executive order.
Eli Whitney ______.
a. invented the assembly line b. encouraged the use of interchangeable parts c. developed the concept of Six Sigma d. introduced robust product design