Disintermediation is the process by which the consumer bypasses the services of an intermediary or intermediaries in the chain of distribution to purchase products directly from those who supply or produce them

Indicate whether the statement is true or false


TRUE

Business

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A companys Cash account shows an ending balance of $4,200. Reconciling items included a bookkeeper error of $50 (a $550 check recorded as $600), two outstanding checks totaling $810, a service charge of $25, a deposit in transit of $280, and interest revenue of $33. What is the adjusted book balance?

A) $4,142 B) $3,670 C) $4,258 D) $4,730

Business

Which of the following will be considered the lowest source of law and be voided or prevailed over by the others.

a -congressional statue b -state constitution c -federal administrative regulation d -amendment to the US consitution

Business

The measure of how significantly a forecast method consistently over- or underestimates demand is

A) mean squared error (MSE). B) mean absolute deviation (MAD). C) bias. D) the tracking signal.

Business

Under the Truth in Lending Act, your financial loss due to a lost or stolen credit card is:

A) zero. B) limited to $50. C) limited to $500. D) unlimited.

Business