Time Series models use historical records that are readily available within the firm to predict

future sales.

Indicate whether the statement is true or false


TRUE

Business

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Does the amortization of a bond premium increase, decrease, or not affect interest expense for an accounting period? Explain.

What will be an ideal response?

Business

A company owes its employees $5,000 for the year ended December 31. It will pay employees on January 6 for the previous two weeks' salaries. The year-end adjusting entry on December 31 will include a debit to Salaries Expense and a credit to Cash.

Answer the following statement true (T) or false (F)

Business

Which of the following is an example of a dishonor?

A) Dan forgets to make presentment of a check but demands money from Ben. B) Dan issues a check to Ben, who takes it to the bank after six months and the bank declines. C) Dan issues a check to Ben but it is returned by the bank due to insufficient funds. D)Dan demands payment of a note from Ben before the due date and Ben declines.

Business

One means of correcting for crosstalk is to use cables that have additional ________ so that the wires and circuits are better protected from each other

A) guardbands B) shielding C) metal D) plastic

Business