A person needing foreign exchange immediately would purchase it on the spot market.
a. True
b. False
a. True
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If a company's marketing manager says, "I have a good feeling about working with this advertising agency," chemistry is probably present
Indicate whether the statement is true or false
When after all of your best efforts you are still unable to close the sale, act professionally and do not take the refusal personally.
Answer the following statement true (T) or false (F)
A petty cash fund was established with a $575 balance
It currently has cash of $45 and petty cash tickets as shown below: Travel expense $100 Office supplies expense 300 Equipment rental expense 110 Which of the following would be included in the journal entry to replenish the Petty Cash fund? A) debit to Cash Short & Over for $20 B) credit to Cash Short & Over for $20 C) debit to Petty Cash for $20 D) credit to Petty Cash for $20
Cindy owns a 7-Eleven franchise. What is the primary disadvantage of owning a franchise for Cindy?
A. She has to pay royalties to the franchisor. B. She cannot use her name as the restaurant name. C. The franchisor still retains a great deal of control. D. Cindy is not allowed to hire her own employees. E. Cindy may not find ways to improve operations.