The exclusive right to publish and sell a literary, artistic, or musical work is called a
A) patent.
B) trademark.
C) copyright.
D) franchise.
C
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In preparing a work sheet, the amounts for the Trial Balance columns are copied from the
a. general journal; b. sales and purchases journals; c. general ledger; d. latest income statement and balance sheet; e. current chart of accounts
Auditors may prepare program flowcharts to verify the correctness of program logic
Indicate whether the statement is true or false
If prices were to never change, there would be no need for alternative inventory methods
Indicate whether the statement is true or false
The year-end balance of the owner's capital account appears in
A) both the statement of owner's equity and the income statement B) only the statement of owner's equity C) both the statement of owner's equity and the balance sheet D) both the statement of owner's equity and the statement of cash flows