A bill of lading is issued by the transport carrier to the exporter to prove that merchandise has been shipped.

Answer the following statement true (T) or false (F)


True

Business

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The textbook refers to four interrelated components of the database concept. Which of the following is not one of the components?

a. the database management system b. the database administrator c. the physical database d. the conceptual database

Business

All but one of the following statements indicates a difference between the Financial Accounting Standards Board (FASB) and prior approaches. Select the one that is not a difference

a. The FASB is independent of the AICPA. b. The size of the board is much smaller. c. The FASB has broader representation. d. The FASB is the primary board for the development of generally accepted accounting principles. e. Members of the FASB serve on a full-time basis.

Business

Flask Company reports net sales of $4,315 million; cost of goods sold of $2,808 million; net income of $283 million; and average total assets of $2,136. Compute its total asset turnover.

A. .13 B. .50 C. 1.31 D. .76 E. 2.02

Business

The period of a note is the time from the note's (contract) date to its maturity date.

Answer the following statement true (T) or false (F)

Business