The revenue, expenses, Sales Returns and Allowances, and Sales Discounts will be closed via the ________ account
A) Income Summary
B) Retained Earnings
C) Dividend
D) Stockholders' Equity
A
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Refer to Figure 11.2. A shift in the demand for francs from D0 to D2, or a shift in the supply of francs from S0 to S1, would result in a(n)
a. depreciation in the dollar against the franc. b. appreciation in the dollar against the franc. c. no change in the dollar/franc exchange rate. d. appreciation in the franc against the dollar.
Aubrey does not like to purchase anything online because she does not want cookies tracking her Web activity and then using it to market products to her. This is an example of which e-commerce concern?
A) seller opportunism B) security issues C) changing purchasing habits D) privacy issues
Which of the following is the basic purpose for making exceptions to the Uniform Commercial Code's general rules on "buyers in the ordinary course of business"?
A. To protect those who innocently buy from merchants, thereby promoting confidence in such commercial transactions B. To promote commerce by giving buyers the knowledge that they will get good value for goods that they purchase C. To place the burden of loss on the good faith purchasers D. To protect the rights of sellers
In a computer-based information system, which of the following duties needs to be separated?
a. program coding from program operations b. program operations from program maintenance c. program maintenance from program coding d. all of the above duties should be separated