Accounting contracts can be either written or oral

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Under Article 9 of the UCC, which of the following could not be used as collateral?

A. a fixture B. a house C. cash D. a car

Business

Which of the following segmentation methods would be most appropriate for a retailer selling laptops mainly targeting college students?

A. Benefit segmentation B. Buying situation segmentation C. Geographic segmentation D. Demographic segmentation E. Personality segmentation

Business

A bond issued June 1 . 2013 . by a calendar-year company pays interest on April 1 and October 1 . A bond is a financial security issued by a corporation in return for cash borrowed from investors. Bonds typically pay interest twice per year. The investor makes the investment on the date the bond is issued. Interest expense for 2013 is recognized on these bonds by the issuer for a period of

a. Seven months. b. Six months. c. Four months. d. Three months.

Business

Because the Dow Jones Index Average is based on the movement of only ________ large, well-established stocks, many investors believe it reflects price movements for large firms rather than for the general market.

A) 30 B) 50 C) 100 D) 500

Business