If the transferor of accounts receivable cannot meet all conditions for a sale, the transferor records the proceeds received as a debit to Cash and records a corresponding credit to a(n)
A) deferred revenue account.
B) deferred credit account.
C) liability account.
D) asset account.
C
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From the perspective of an account holder, a savings account is a liability with interest.
Answer the following statement true (T) or false (F)
Answer the questions below.
a.Suppose the economy is initially in long-run equilibrium in the AD-AS model. Draw a diagram showing long-run equilibrium, including the AD, LRAS, and SRAS curves. b.Now suppose stock prices decline sharply. Draw a new diagram showing the AD, LRAS, and SRAS curves. How have the level of output and the price level changed? What happens to consumption spending and investment spending? c.Redraw your diagram from part b, then draw new lines to show what would happen if the Fed changed monetary policy to return the economy to full-employment equilibrium. Does the money supply increase or decrease? Which curve (AD, LRAS, or SRAS) shifts as a result of the Fed's policy change? What happens to the price level and level of output compared with what they were in part b? What happens to consumption spending and investment spending compared with what they were in part b? What will be an ideal response?
To prevent sexual harassment, companies rely on top management support, training for all employees, and clear procedures for filing grievances.
Answer the following statement true (T) or false (F)
Managers of a discount retailer would use which of the following to access up-to-the-minute sales information obtained from the store's cash registers around the country in order to detect problems with products, promotions, and even the firm's
distribution system? A) a company intranet B) secondary data C) a prediction market D) market intelligence E) a convenience sample