After wiping/clearing, data is ________
A) recoverable
B) reusable
C) Both A and B
D) Neither A nor B
Answer: B
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The fundamental accounting equation is
a. None of the answers listed b. Assets + Owner's Equity = Liabilities c. Assets + Liabilities = Owner's Equity d. Assets = Liabilities + Owner's Equity
A primary purpose of vertical analysis is to observe trends over a five-year period
Indicate whether the statement is true or false
Deserts and tropical forests seem to be opposites, but they have this trait in common.
A. They are good vacation spots so are an economic stimulator. B. They separate markets, thereby increasing transportation costs. C. They are hospitable to insects. D. They have small populations on their edges.
In replying to a letter of request for credit information, the major idea should be presented first
Indicate whether the statement is true or false