Which one of the following is the last step in the accounting cycle?

A) Journalizing and posting accounting transactions
B) Journalizing and posting adjusting entries
C) Preparing a post-closing trial balance
D) Preparing financial statements


C

Business

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Frequent flier miles are an example of ________ programs

A) customer differentiation B) customer identification C) loyalty D) customer lifetime E) product champion

Business

Which of the following special journals would be used in an accounting systems for merchandising?

A) Inventory Journal, Accounts Receivable Journal, Accounts Payable Journal, Cash Journal B) Sales Journal, Purchases Journal, Cash Payments Journal, Cash Receipts Journal C) Sales Journal only D) Sales Journal, Inventory Journal, Cash Payments Journal, Cash Receipts Journal

Business

Etiquette expertise, effective nonverbal messages, and oral communication skills are all examples of _____

A) soft skills B) hard skills C) workplace challenges D) ?skill gaps

Business

The Coffee Express company is located in a business district with few customers on the weekend. To attract customers on Saturday and Sundays, it reduces its prices on these two days. This is an example of

A. the income effect. B. the substitution effect. C. dynamic pricing. D. cross-price elasticity. E. the target return effect.

Business