The fact that each transaction has a dual effect on the accounting equation provides the basis for what is called:
A) single-entry accounting.
B) double-entry accounting.
C) compound-entry accounting.
D) multiple-entry accounting.
B) double-entry accounting.
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The declaration of a cash dividend causes an increase in a corporation's liabilities at the date of declaration
Indicate whether the statement is true or false
One rationale for establishing a price skimming objective is that ________ lends status to a product or brand by virtue of a price relatively higher than the competition.
A. product line pricing B. captive pricing C. price bundling D. reference pricing E. prestige pricing
Discovering new phenomena that can be converted to commercial applications is referred to as _________.
What will be an ideal response?
________ capture text or images and convert them to digital format in thousands of settings
A) Optical scanners B) RFID tags C) Touchscreens D) Mainframes