Which of the following is the lack of all the items a customer needs to receive full satisfaction from a product or products?
A. discrepancy of assortment
B. discrepancy of quantity
C. spatial discrepancy
D. temporal discrepancy
E. discrepancy of possession
Answer: A
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A corporation that uses subsidiary corporations to operate in more than one country cannot be termed as a multinational corporation.
Answer the following statement true (T) or false (F)
Although telephone surveys can be conducted very quickly, a major limitation is
A. the ability to gain rapport with respondents. B. the difficulty in asking probing questions. C. that few companies prefer this survey method. D. that only a small portion of the population likes to participate in telephone surveys. E. the expense compared to in-home interviews.
Which of the following items would cause the balance of cash in the bank statement not to equal the balance of cash in the accounting records?
A. The company has cash receipts that have been deposited in the bank. B. The company deposited a customer check that was found by the bank to have insufficient funds. C. The company purchased supplies using a debit card. D. The company wrote checks that have cleared the bank.
The following information was taken from a company's bank reconciliation at the end of the year: Bank balance$8,000 Checks outstanding$5,800 Note collected by the bank$1,500 Service fee$20 Deposits outstanding$4,000 NSF check$300 What is the correct cash balance that should be reported in the company's balance sheet at the end of the year?
A. $7,400. B. $10,200. C. $6,200. D. $6,160.