Which of the following represents the types of data commonly found in the accounting department?

A. Payroll data
B. Tax data
C. Transactional data
D. All of these


Answer: D

Business

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A fee simple owner has the right to exclusively possess and use his or her property to the extent that the owner has not transferred any interest in the property

Indicate whether the statement is true or false

Business

Varughese Inc. is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000.To attain its desired ending cash balance for March, the company needs to borrow:

A. $40,000 B. $64,000 C. $0 D. $16,000

Business

Silence, or the failure to disclose information, is not misrepresentation

Indicate whether the statement is true or false

Business

"I want $10,000 for my car," says Sam. "I would love to have it," says Jan. We have an offer that has been accepted to form a contract

a. True b. False Indicate whether the statement is true or false

Business