Which of the following is NOT usually part of the documentation required for payment from a buyer's bank when a letter of credit has been issued:
a. a certificate of origin b. a commercial invoice c. an export license
d. proof of profit
e. all of the other choices are correct
d
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Flagg Company issued $500,000 of bonds for $498,351, Interest is paid semiannually. The bond markets and the financial press are likely to state the bond issue price as
a. 498.35. b. 100.00. c. 99.67. d. 49.84.
Who typically sets prices in large and small companies?
What will be an ideal response?
By considering the ________, you can identify the level of persuasion necessary as well as the appropriate form for the proposal
A) purpose B) need C) context D) content E) medium
A company that uses the perpetual inventory system sold goods to a customer for cash for $3,500. The cost of the goods sold was $600. Which of the following journal entries correctly records this transaction?
A) Cost of Goods Sold 3,500 Sales Revenue 3,500 B) Cash 3,500 Sales Revenue 3,500 Cost of Goods Sold 600 Merchandise Inventory 600 C) Accounts Receivable 3,500 Cash 3,500 Cost of Goods Sold 600 Merchandise Inventory 600 D) Merchandise Inventory 3,500 Sales Revenue 3,500