Expense accounts are debited in the closing process

a. True
b. False

Indicate whether the statement is true or false


False

Business

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If a company made a bank deposit on September 30 that did not appear on the bank statement dated September 30, in preparing the September 30 bank reconciliation, the company should:

A. Skip the bank reconciliation this month. B. Deduct the deposit from the bank statement balance. C. Add the deposit to the bank statement balance. D. Deduct the deposit from the September 30 book balance and add it to the October 1 book balance. E. Add the deposit to the book balance of cash.

Business

When there are personality clashes between team members, effective team building would involve:

a. getting rid of one or both of the members. b. helping team discuss expectations to negotiate an agreement between conflicting members. c. referring members to therapy. d. breaking up the team.

Business

All of the following are barriers to effective interpersonal communication, EXCEPT ________.

A. filtering B. selective perception C. feedback D. defensiveness

Business

The Fair Credit Reporting Act does not give consumers a right to have corrected copies of their credit reports sent to creditors

a. True b. False Indicate whether the statement is true or false

Business