____ allows for firms from anywhere in the world to gain access to local markets
a. Free trade
b. Information technology
c. Branch offices
d. Consortium
A
Free trade allows for firms from anywhere in the world to gain access to local markets.
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An adjusting entry was made on year-end December 31 to accrue salary expense of $2800. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $6200 payment of salaries in January of the following year?
A.
| Salaries Expense | 6200? | |
| Cash | 6200? |
B.
| Salaries Payable | 6200? | |
| Cash | 6200? |
C.
| Salaries Payable | 2800? | |
| Salaries Expense | 3400? | |
| Cash | 6200? |
D.
| Salaries Expense | 2800? | |
| Salaries Payable | 2800? |
E.
| Salaries Payable | 2800? | |
| Cash | 2800? |
Which of the following is the reason for the formation of underwriting syndicates??
A. To ensure that the auction trading process is completed in a fair and efficient manner? B. ?To enhance liquidity in large block trades by maintaining continuous up-to-date prices for the securities they are assigned C. ?To regulate the issuance and trading of stocks and bonds D. ?To provide the issuing company with the most competitive underwriting bids E. ?To spread the risk associated with the purchase and distribution of a new issue of securities
One of the most significant issues of online retailing is _____.
A. domain names B. design of websites C. direct selling D. advertising E. security
A bank statement provided by the bank includes:
A) A list of outstanding checks. B) A list of petty cash amounts. C) The beginning and the ending balance of the depositor's account. D) A listing of deposits in transit. E) A reconciliation to the depositor cash account.