Which of the following accounts has a debit balance?

A. Accounts Payable.
B. Salaries Expense.
C. Deferred Revenue.
D. Service Revenue.


Answer: B

Business

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Spotlighting customer-generated negative reviews can be beneficial to the company because it demonstrates that the company values customer input even if it's negative

Indicate whether the statement is true or false

Business

Because of the nature of vendor-managed inventory,

A. third party logistic companies have become necessary. B. retail buyers and planners no longer need to monitor inventory levels and place orders. C. there are many delays in replenishment as it's not a collaborative approach. D. DCs need to run around the clock as deliveries arrive after hours and on holidays. E. EDI is now obsolete.

Business

A mother of two toddlers would primarily use an internal search of her prior experiences with products and brands when purchasing

A. disposable diapers. B. an iPhone. C. a gift for her babysitter. D. a weekend getaway. E. a swing set.

Business

The excess loss limitations apply to owners of all of the following entities except which of the following?

A. Single-member LLCs (owned by an individual taxpayer) B. C corporations C. S corporations D. Entities taxed as partnerships

Business