At a help desk, service providers are trained to assist customers with questions and problems.

Answer the following statement true (T) or false (F)


True

A help desk is a support center in which service providers are trained and assigned to assist customers with information, questions, problems, or suggestions.

Business

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To assure an efficient system of internal control, management should authorize all transactions

Indicate whether the statement is true or false

Business

Suppose that Cathy's assets include an automobile worth $10,000 and a checking account with a $5,000 balance, while her liabilities include a student loan balance of $2,000 and a car loan balance of $8,000. What is her net worth?

A) $10,000 B) $8,000 C) $5,000 D) $2,000

Business

Which of the following forms of business structure has the easiest means of transfer of ownership interests?

a. LLPs b. C corporations c. LLCs d. Subchapter S corporations

Business

Adjusting entries for accrued expenses typically include which of the following related types of accounts:

A. Expense and Liability accounts B. Expense and Asset accounts C. Revenue and Liability accounts D. Revenue and Asset accounts

Business