Which of the following is an example of an institutional buyer?
A. Mayo Clinic Hospital
B. U.S. Marine Corps
C. Walmart
D. Procter & Gamble
E. Nucor Steel Corporation
Answer: A
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As we move toward an enterprise system environment, the chart of accounts becomes increasingly more important
Indicate whether the statement is true or false
Identify the item below that would cause the trial balance to not balance?
A. The purchase of office equipment for $2050 was posted as a debit to Office Supplies and a credit to Cash for $2050. B. The cash payment of a $1090 account payable was posted as a debit to Accounts Payable and a debit to Cash for $1090. C. The purchase of office supplies on account for $3280 was erroneously recorded in the journal as $2380 debit to Office Supplies and $2380 credit to Accounts Payable. D. A $220 cash receipt for the performance of a service was not recorded at all. E. A $1340 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash.
What is a stock redemption? What are some of the reasons for making a stock redemption? Why are some redemptions treated as sales and others as dividends?
What will be an ideal response?
Customer service is of equal importance to both logistics and marketing
Indicate whether the statement is true or false