Choose either a singular or a plural verb for subjects that are ____________________, and then be consistent in all other contexts with the name
a. familiar
b. ambiguous
c. complex
d. organizational names
d
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Saddleback Company paid off $30,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation?
A. Liabilities, $30,000 decrease; equity, $30,000 increase. B. Assets, $30,000 decrease; equity $30,000 decrease. C. Assets, $30,000 decrease; liabilities, $30,000 decrease. D. Assets, $30,000 decrease; liabilities, $30,000 increase. E. Assets, $30,000 increase; equity, $30,000 increase.
A calendar of scheduled budgetary activities helps to coordinate the budgeting process
Indicate whether the statement is true or false
An electronic repository is a file room
Indicate whether the statement is true or false
Richly Merchandise, Inc, contracts with Stand-Rite Contractors to build a store. Stand-Rite assigns the contract to Town Builders, which has a poor record of completing projects. Richly could most successfully argue that the con¬tract cannot be assigned because
a. Richly did not consent to the assignment. b. Richly did not receive adequate consideration for the assignment. c. an assignment will significantly increase the risk of nonperformance. d. Town Builders was not an original party to the deal.