One inventory account is needed in a manufacturing business
a. True
b. False
Indicate whether the statement is true or false
False
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Cash flows from selling trading securities are usually reported in the statement of cash flows as part of:
A. This is not reported in the statement of cash flows. B. Financing activities. C. Noncash activities. D. Operating activities. E. Investing activities.
Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. He stashes away most of this drug money in personal lockers
In order to make it look like he earned it legitimately, Richard hired crooks to take the drug money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. The crooks are then paid a small amount for their services. What crime is Richard committing in converting his drug money to alleged legal money? A) misappropriation B) embezzlement C) money laundering D) extortion
When a catalog or a receipt is sent with a business letter, the word _____ should be typed on the line below the reference initials or the file name notation, whichever is last
A. Sent B. Item C. Additional D. Enclosure
With respect to horizontal privity, the strict liability in tort of manufacturers and other sellers extends to only buyers, users, and consumers, but not to injured bystanders
a. True b. False Indicate whether the statement is true or false