Which of the following is a business event that is not considered a recordable transaction?
a. A company receives a product previously ordered.
b. A company pays an employee for work performed.
c. A customer inquires about the availability of a service.
d. A customer purchases a service.
C
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Briefly explain problem factoring
What will be an ideal response?
Which of the following events would be classified as an investing activity on a statement of cash flows?
A) payment of interest on a loan B) receipt of cash dividends on an available-for-sale investment C) purchase of inventory D) sale of an office building at a gain
Leslie made a mathematical mistake in computing her tax liability. Which audit program will likely catch Leslie's mistake?
A. Document perfection. B. DIF system. C. Information matching. D. Mathematical correction. E. None of the choices are correct.
Writers achieve emphasis in documents by working with position and ______________
a. appearance b. definition c. syntax d. coordination