A company's list of accounts and the identification numbers assigned to each account is called a:

A. General Journal.
B. Chart of accounts.
C. Source document.
D. Journal.
E. Trial balance.


Answer: B

Business

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Whalen Mining, a U.S company, purchases products from a British company for £1,000,000. Between the dates of purchase and payment, the exchange value of the pound decreased from $2.00 to $1.90. Compute Whalen Mining's exchange gain or loss. Where would the gain or loss be reported?

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Floral Depot's income before interest expense and income taxes was $5,900 million, and interest expense was $38 million. Calculate Floral Depot's times interest earned.

What will be an ideal response?

Business

Which word is the past participle of choose?

a. chose b. choosed c. choosy d. chosen

Business

Projects that are essential to support the long-range mission are categorized as

A) operational. B) strategic. C) mission critical. D) emergency.

Business