Which of the following provides data to the GL/BR process?
a. the order entry/sales process
b. the billing/accounts receivable/cash receipts process
c. the purchasing/accounts payable/cash disbursements process
d. All of the above
D
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The Fed makes an open-market purchase of $5 million in an economy in which no bank holds excess reserves and the assumptions of the simple multiplier hold with a reserve requirement of 8 percent. Draw up a table to show the amount of new deposits in each new bank (show the amounts in the first five of them), the additional reserves held by that bank, and the loans made by that bank, as each successive bank lends out its excess reserves. Finally, calculate the total amount of new deposits, of additional reserves, and of loans made in the economy.
What will be an ideal response?
Which of the following would not be included in inventory costs?
a. Freight costs incurred by the buyer in shipping inventory to its place of business. b. The cost of insurance taken out during the time that inventory is in transit. c. The cost of storing inventory before it is ready to be sold. d. Shelving to hold the inventory.
Astoria is using a software application to prepare the balance sheet. Which of the following should be included in the fixed assets category?
A. Land B. Copyrights C. Contingency funds D. Goodwill
Cognitive dissonance occurs during which stage of the consumer decision-making process?
A. problem recognition B. alternative evaluation C. outlet selection D. postpurchase processes E. information search