Which of following are possible options for minimum multiplicities?
A. 0 and 1.
B. * and 1.
C. 0 and *.
D. 0, 1, and *.
Answer: A
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Which of the following is considered to be an accrued expense?
A) A computer technician has installed the latest software updates and was paid on the same day. B) A computer technician has been paid in advance to install software updates as they become available. C) A computer technician has just signed an agreement with you regarding pricing for future work. D) A computer technician has installed the latest software updates, but you have not received their invoice for payment.
A notation in the post reference column of the general journal indicates that the amount has been posted to the ledger
Indicate whether the statement is true or false
Profit center responsibility reports include ________
A) revenues only B) invested capital C) both revenues and expenses D) returns on investments
If the seller breaches a sales contract, the buyer may
a. sue for damages. b. sue for specific performance. c. cancel the contract and cover. d. all of these.