Dollar cost averaging is a formula plan which automatically causes investors to purchase more shares when the price is low and purchase fewer shares when the price is high

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Your bookkeeper is off for the day and you are trying to figure out what her last entry in the journal could be for. Unfortunately, she only recorded the debit side of the transaction as $4,400 to Accounts Payable. It is possible that this debit could correspond to:

a. A purchase of equipment costing $4,400 on credit. b. A payment of $4,400 to a supplier to settle a balance due. c. A $4,400 sale to a customer. d. A $4,400 issuance of the company's capital stock.

Business

Marketing communications in almost every medium and form have been on the rise, and some consumers feel they are increasingly invasive

Indicate whether the statement is true or false

Business

If a company actively tracks the satisfaction of its suppliers, banks, and distributors, it is using what is called a ________ scorecard

A) customer-performance B) stakeholder-performance C) marketing balanced D) vendor E) generic

Business

What journal entry format is appropriate if sales returns and allowances occur on factored accounts?

A. Sales Returns and Allowances     XX      Receivable from Factor                          XX B. Receivable from Factor               XX      Factoring Expense                                 XX C. Sales Returns and Allowances    XX      Factoring Expense                                 XX D. Factoring Expense                      XX       Sales Returns and Allowances              XX

Business