After all the transactions have been posted, the totals of the balances in the accounts receivable subsidiary ledgers should equal the balance of the Accounts Receivable account in the general ledger.

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


True

Business

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Which of the following statements is NOT true?

a. It is much more difficult to get a criminal conviction than it is to get a judgment in a civil case. b. A preponderance of the evidence (more than 50 percent) is necessary to win a civil case. c. Criminal convictions are only successful if there is overwhelming, undeniable proof that the perpetrator "intentionally" stole money or other assets. d. Civil actions are quite rare in cases of employee fraud because perpetrators have usually spent the money they stole.

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The Financial Accounting Standards Board has issued statements between:

a. 1960-1973. b. 1939-1959. c. 1973-present. d. 1966-1976. e. None of the answers are correct.

Business

The increase in ________ of manufacturing jobs brought into focus a dilemma for private- and public-sector companies in developed nations worldwide: the advantage of cost-savings on goods and services versus the disadvantage of the loss of domestic

jobs. A) outsourcing B) in-sourcing C) elasticity D) obsolescence

Business

Without accurate global marketing research, it is likely that companies trying to do business in foreign countries will ________.

Fill in the blank(s) with the appropriate word(s).

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