Disagreements that occur in groups are unnatural and should be avoided

Indicate whether the statement is true or false.


False

Business

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The ending merchandise inventory for the current accounting period is overstated by $3,500. What will be the effect of this error?

A) The net income for the current accounting period will be overstated by $3,500. B) The cost of goods sold for the current accounting period will be overstated by $3,500. C) The ending merchandise inventory for the next accounting period will be overstated by $3,500. D) The cost of goods sold for the next accounting period will be understated by $3,500.

Business

According to the Style Guide, using parenthesis appropriately and effectively is ___________

a. central to good writing b. a key to professional writing c. nearly impossible d. an art

Business

Bruno is a businessperson with investments in legal and illegal opera-tions. Bruno may be subject to penalties under RICO A) for making an unprofitable, but legal, investment

B) for the commission of any business fraud. C) only in a case involving a "racket." D) only in a case involving organized crime.

Business

An electronic machine that allows customers to make deposits, get cash, transfer funds from one account to another, and check balances is

A) an automated banking machine. B) the virtual bank. C) an automated teller machine. D) a smart card.

Business