Trina pays Urban Edge Electronics store $1,500 for a laptop computer. Under the UCC, this is
A. a gift.
B. a lease.
C. a sale.
D. a crime.
Answer: C
Business
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The debit balance in Cash Short and Over at the end of an accounting period is reported as
a. an expense on the income statement b. income on the income statement c. an asset on the balance sheet d. a liability on the balance sheet
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Which one of the following factors usually motivates a smaller capacity cushion?
A) unevenly distributed demands B) high capital intensity C) high penalty costs for overtime usage D) requests for quick customer services
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Domain analysis is ________
A) iterative B) the foundation for analysis modeling C) an ongoing task D) all of the above
Business
The _________ price is the price at which a dealer is willing to purchase a security.
A. bid B. ask C. clearing D. settlement
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