Which account balance is not used to compute the cost of merchandise sold?

a. Purchases Discounts; b. Purchases Returns and Allowances;
c. Merchandise Inventory; d. Purchases; e. Sales.


E

Business

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Specialists work together to achieve ________ in a highly integrated organization.

A. assimilation B. a common goal C. differentiation D. decentralization E. centralization

Business

Cash equivalents are investments that are readily converted to known amounts of cash and mature within three months.

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

Business

A multi-level bill of material:

I. reflects the way the product will be manufactured. II. is produced by the purchasing department. III. is a parts list only and does not contain subassemblies. A) Only I is true. B) Only II is true. C) Only III is true. D) I and II are true. E) I, II and III are true.

Business

Copyright protection is automatic¾registration is not required.

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

Business