The Petty Cash account is a separate bank account used for small amounts.
Answer the following statement true (T) or false (F)
False
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What is the merchandise assortment of an airport bookstore that sells only a few books but a large variety of magazines?
What will be an ideal response?
From the base of prospects Andrew makes at the trade show, he closes twice as many sales as normal, and he cuts his sales cycle in half. What most likely explains this?
A) The prospects at the trade show were both qualified and interested in the product. B) The prospects at the trade show had more money to spend than most customers. C) The prospects at the trade show developed a high degree of trust in Andrew and his firm. D) The trade show only attracted prospects that had been referred to Andrew and his firm. E) The trade show required exhibiting companies to offer discounts to all attendees.
Uniesia, an Asian company, wants to set up a production facility in Maurinia, an African country, because of the low labor costs in the country. However, Uniesia is unable to do so because of the situation of constant civil unrest in Maurinia. In the given scenario, Uniesia is most likely facing the barrier of _____.
A. economic differences B. political differences C. sociocultural differences D. ethical differences
How is a trade acceptance created? Whose liability is it? Can it be sold in the international money market?
What will be an ideal response?