The posting reference column of the general journal provides a cross-reference between the:
A) ledger and accounts.
B) journal and ledger.
C) ledger and financial statements.
D) journal and financial statements.
B) journal and ledger.
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Most publicly traded firms operate as corporations. Which of the following is/are not true?
a. The corporate form facilitates the transfer of ownership interests because owners can sell their shares without affecting the ongoing operations of the firm. b. The transfer of ownership interests is a transaction between shareholders and does not involve the firm whose shares change hands. c. Investors make capital contributions under a contract between themselves and the corporation. d. The corporation has legal status separate from its owners. e. none of the above
Answer the following statements true (T) or false (F)
Membership in defined benefit plans is declining relative to membership in defined contribution plans.
Which of the following is NOT a Product-area decision?
A. quality level B. branding C. instructions D. packaging E. market exposure
The ________ measure is similar to the yield to maturity measure for bonds
A) NPV B) IRR C) MIRR D) payback