The typical horizontal flows of information in an accounts payable/cash disbursements process might include all of the following except:
a. an invoice is received from a vendor
b. the paid voucher is returned to the accounts payable department
c. an approved disbursement voucher is sent to the cashier
d. a copy of a receiving report is sent to the cashier
D
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When a firm has accumulated losses, rather than profits, the Retained Earnings account is typically called:
a. Negative cash balance b. Ordinary Loss c. Accumulated Excess d. Accumulated Deficit e. Insolvency
A promotional allowance offers retailers the opportunity to receive some compensation from product marketers for the costs of successful product promotions.
Answer the following statement true (T) or false (F)
Which of the following is NOT true of an extemporaneous business presentation?
a. The presentation is planned, prepared, and rehearsed. b. The speaker may utilize note cards, an outline, or other reminders during the presentation. c. The presentation is written in detail to serve as a visual reminder during the delivery. d. All of the above are true.
Process centering is shown by an chart
Indicate whether the statement is true or false