Full truckload shipping (FTL) involves transportation ______.
a. of homogeneous goods
b. that is exemplified by FedEx or UPS
c. that is particularly suitable for liquids (oils, liquid chemicals, etc.)
d. that is highly regulated
a. of homogeneous goods
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The journal entry a company uses to record fully funded pension rights for its salaried employees at the end of theyear is
a. debit Salary Expense; credit Cash b. debit Pension Expense; credit Unfunded Pension Liability c. debit Pension Expense; credit Unfunded Pension Liability and Cash d. debit Pension Expense; credit Cash
On November 1 of the current year, Salinger Company paid $9,600 cash for a one-year insurance policy that took effect on that day. On the date of the payment, Salinger recorded the following entry: Nov. 01 Insurance Expense..……………………….. 9,600Cash………………….……………...9,600Assuming Salinger only prepares adjustments at year-end, prepare the required adjusting entry at December 31 of the current year.
What will be an ideal response?
Which of the following statements is true about the Great Recession?
a. Tweens are the most affected by it. b. It increased inflation rates to almost ten percent. c. It began with the collapse of inflated housing prices. d. It increased employment rates to almost ten percent.
The Commerce Clause of the U.S. Constitution ________
A) provides the basis for most of the federal regulation of business B) provides states the authority to regulate interstate commerce C) does not regulate commerce with foreign nations D) does not apply to the transportation of goods