Run-to-run control totals can be used for all of the following except
a. to ensure that all data input is validated
b. to ensure that only transactions of a similar type are being processed
c. to ensure the records are in sequence and are not missing
d. to ensure that no transaction is omitted
A
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In a(n) ________ mistake, only one party is mistaken about a material fact regarding the subject matter of the contract.
A. bilateral B. mutual C. innocent D. unilateral
The SBA makes special efforts to:
a. send SCORE personnel to colleges b. raise money for small businesses c. assist minorities to start a small business d. hand deliver all publications to potential small business owners e. encourage teens to become involved in providing assistance to small businesses
Which of the following statements is true of telemarketing?
A. Telemarketing is only used by for-profit companies. B. Telemarketing is effective for charitable organizations. C. Telemarketing exclusively uses network television for direct marketing. D. Telemarketing is employed only in a one-step system. E. Business-to-business marketers do not use telemarketing.
Every transaction:
A. has at least two effects on the basic accounting equation. B. affects only balance sheet accounts or only income statement accounts. C. increases one account and decreases another account. D. is analyzed from the standpoint of the business owners.