What term is used to describe the creation of a security interest that is enforceable against the debtor?
a. Attachment.
b. Pledge.
c. Perfection.
d. Lien.
a
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The largest social media site with over 800 million users worldwide is:
A) mySpace B) Twitter C) Google D) Facebook
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Which of the following would not be an account in the general ledger of a corporation?
a. Dividends Payable b. Retained Earnings c. Additional Paid-in Capital d. Dividends in Arrears
Which of the following explains why there is no month-end posting to controlling accounts in a computerized accounting system?
A) controlling accounts are the sum of the balances in the subsidiary B) when transactions are entered, they are posted immediately to all affected accounts C) the computer does not make posting and mathematical errors D) computerized accounting keeps a "running balance" on all accounts; therefore, posting is not necessary.