Which sentence expresses numbers correctly?
A) On January 3 we held the last planning meeting; on the 10th we implemented the plan.
B) On January 3rd we held the last planning meeting; on the 10th we implemented the plan.
C) On January third we held the last planning meeting; on the tenth we implemented the plan.
A
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Cushion Sports accepted a credit card account receivable in exchange for $5,000 of services provided to a customer. The credit card company charges a 5% service charge. Recording the transaction in the company's accounting records will have what effect on the accounting equation?
a. Increase assets and equity by $4,750 b. Decrease assets and equity by $250 c. Increase assets by $5,000 d. Increase equity by $5,000
Which of the following is not a use of CAATs in auditing?
A. Fraud examination B. Produce terms and conditions of employment C. Analytical review procedures D. Test of details of transactions and balances
One hundred dollars ____ needed to hold your hotel reservation
A) were B) are C) is
Many experts in the field advocate this approach for projecting revenue for a new startup?
a. A top-down approach b. A bottoms-up approach c. A lateral approach d. A financial template