Which of the following steps in the budgetary authority process occurs when Congress passes a spending bill which is signed by the President?
A. Apportionment
B. Allotment
C. Obligation
D. Appropriation
Answer: D
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The percentage of customers in group that were obtained at the same time who are still customers is known as the:
A) survival rate. B) acquisition rate. C) lifetime duration. D) win-back rate.
In the "new era" of manufacturing, good performance indicators are
a. cost-based. b. consumer-based. c. sales-based. d. production-based.
Why should a company divide up the cost of a "basket purchase" among the different assets purchased?
A. Some of the assets might be paid for more quickly than others. B. Baskets are not long-lived assets. C. The different assets might be depreciated over different useful lives. D. A company with a longer list of assets will appear to be stronger.
When a business records the earning of service revenue, the Service Revenue account is credited
Indicate whether the statement is true or false