Sales Discounts is classified as what type of account?
a. an expense
b. a revenue
c. a contra-asset
d. a contra-revenue
d
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The primary attribute of all assets is
A) service potential. B) productive capacity. C) historical cost. D) service contribution.
Eye Tracking Inc., which specializes in eye movement research, would be considered a specialized research technique firm
Indicate whether the statement is true or false
The use of common-size analysis makes comparisons more meaningful because percentages eliminate the effects of size
Indicate whether the statement is true or false
Which of the following is NOT a benefit of e-mail?
a. E-mail reaches people more quickly than letters or memorandums. b. E-mail can be easily discarded when the message does not have to be kept. c. E-mail relieves the recipient from playing "telephone tag." d. E-mail is private because it requires the use of a password to access it.