When a company receives cash in advance from a customer, it should debit Cash and credit Accounts Receivable.
Answer the following statement true (T) or false (F)
False
This is false. Accepting cash in advance from a customer creates an obligation to provide future services to the customer. The company will recognize a liability called unearned revenue by increasing that account with a credit.
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Which of the following statements is a method for improving net profit margin?
A. It can be improved by decreasing the net margin and lowering expenses. B. It can be improved by increasing the gross margin and lowering expenses. C. It can be improved by increasing the net margin and lowering sales. D. It can be improved by decreasing the gross margin and lowering sales. E. It can be improved by decreasing the gross margin and increasing expenses.
________ is a clustering procedure characterized by the development of a tree-like structure
A) Non-hierarchical clustering B) Hierarchical clustering C) TwoStep clustering D) Optimizing partitioning clustering
For companies in an unstable or recessionary business environment, training programs focus more on correcting skill deficiencies rather than preparing staff for new assignments.
Answer the following statement true (T) or false (F)
Jason and Stacey posted a copy of their favorite movie, Frozen, on YouTube. When YouTube realized it was posted, it removed it to avoid breaking copyright laws and was not liable for the posting. This is known as A)a legal reaction
B)a safe harbor. C)the digital solution. D)copyright liability.