Information that is used repetitively, such as company contact information or the closing lines of a letter, can be saved as a/an ____________________

Fill in the blank(s) with correct word


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Business

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Normally, the report prepared for a department is a(n)

a. balance sheet. b. income statement. c. statement of retained earnings. d. cash flow statement.

Business

The effect of a sales return and allowance is a reduction in sales revenue and a decrease in cash or accounts receivable

Indicate whether the statement is true or false

Business

Policy and control mechanisms, along with awareness of the historical treatment of multinational companies (MNCs) within certain nations, allow firms to evaluate the inherent risk of doing business in those countries.

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

Business

Under the Fair Credit Billing Act, if a consumer reports an error in the amount on his charge account bill, until the creditor responds, it cannot:

a. take any action to collect the disputed amount. b. restrict the use of an open-ended credit account because the disputed amount is unpaid. c. report the disputed amount as delinquent. d. All of these are correct.

Business