Two method used when accounting for uncollectible accounts are: the direct write-off method and the allowance method

Indicate whether the statement is true or false


T

Business

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One method of obtaining search engine optimization is through paid search insertions that come up when certain products or information is sought

Indicate whether the statement is true or false

Business

The Uniform Commercial Code (UCC) states that contracts for the sale of goods costing $500 or more are not enforceable without being evidenced by writing or other specified evidence.

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

Business

A company has 250,000 shares of common shares outstanding, total assets of $5,000,000, and total stockholders' equity $4,000,000 . The ratio of liabilities to stockholders' equity is

a. 0.0625 to 1; b. 0.20 to 1; c. 0.25 to 1; d. 1.25 to 1; e. cannot be determined from the information given.

Business

A survey about pet ownership used a sample derived from people who visit a Web site and register. This sample would lack ________ because not everyone has Internet access

A) flexibility B) validity C) responsiveness D) reliability E) representativeness

Business