In the closing process, expenses and dividends are zeroed out by ________ each account and revenues are zeroed out by ________ each account.
A. debiting or crediting (depending on the account)? crediting
B. crediting? debiting
C. debiting? crediting
D. crediting? crediting
Answer: B
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Ben, a Baby Boomer, just hired Caroline, a recent college graduate and member of the Millennial generation. Identify and describe three generational differences that might pose communication difficulties or problems between Ben and Caroline.
What will be an ideal response?
A time of declining economic activity when businesses decrease production, unemployment rises, and many consumers have less money to spend is referred to as
A. deflation. B. inflation. C. a depression. D. a recession. E. prosperity.
In a ________ ________, marketing professionals ask consumers for their reactions to verbal descriptions and rough visual models of a potential product.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not true about Article 2(
A) of the UCC? A) Article 2(A) was drafted in the late 1950s, a few years after Article 2 was drafted. B) Many of its provision are similar to corresponding provisions of Article 2. C) The lessor is the person who transfers the right of possession and use of the goods under the lease. D) The primary motivation in creating a separate Article for leases was to address those areas where the sales provisions didn't exactly fit a lease transaction.