When a company pays cash for a long-term investment in bonds, ________.
A) equity remains unchanged
B) current assets increase
C) liabilities increase
D) total assets increase
A) equity remains unchanged
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Which of the following would appear on the balance sheet as a current liability?
a. A loss from an anticipated strike by employees. b. Potential damages from possible explosions in a fireworks factory. c. Premium offers in cereal boxes. d. The possible loss from a lawsuit.
Which input control check would detect a posting to the wrong customer account?
a. missing data check b. check digit c. reasonableness check d. validity check
A scatter diagram helps to determine if a linear relationship exists between a cost item and its related activity measure
Indicate whether the statement is true or false
The presentation strategy should be developed before the relationship, product, and customer strategy in order to have an effective plan
Indicate whether the statement is true or false