Which of the following would not cause the trial balance to be out of balance?
a. An error being made in carrying the account balance to the trial balance
b. The balance of an account being incorrectly computed
c. An account with a debit balance being recorded as a credit or vice versa
d. A debit to Utilities Expense being posted as a debit to Rent Expense
d
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Slim Co is ordering a new computer for its corporate office. Which of the following events would trigger the recognition of the computer and related liability on Slim's books?
A) The company generates a purchase order. B) The purchasing department sends a purchase order to the supplier. C) The company receives the computer. D) The company receives the bill from the supplier.
Which of the following is NOT an advantage of a geographic sales force structure?
A) Travel expenses can be minimized. B) Salespeople develop an in-depth understanding of their customers. C) Field expenses can be minimized. D) Salespeople develop in-depth knowledge of a product line. E) Salespeople are able to have frequent contact with their customers.
One advantage of franchising is that the entrepreneur usually enters into a business that has an accepted name and product.
Answer the following statement true (T) or false (F)
International disputes over domain names are often resolved by ADR at the U.N. Commission on Internet Usage
a. True b. False Indicate whether the statement is true or false