Which of the following can be exercised only when presented with specified shipping records?

A. A documentary draft
B. A codicil
C. A letter of credit
D. A mail order


Answer: A

Business

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The business reporting process is concerned with preparing external financial statements, ensuring they conform to GAAP, generating Web-based forms of key financial statement and related business reporting via the Internet, and supporting the generation of both ad hoc and predetermined business reports

Indicate whether the statement is true or false

Business

Which of the following is an intangible asset that is not typically amortized?

A) patent B) copyright C) franchise D) goodwill

Business

Which of the following creates a document with a denser, heavier look?

A) White space B) Typeface variety C) Justified margins D) Ragged margins E) Graphic designs

Business

An SBU can achieve synergy by ______.

A. aligning its activities with its functional strategy B. coordinating and integrating its activities with the corporate strategy of the firm C. developing new core competencies D. reducing the extent of outsourcing

Business