An optional columnar working paper used to prepare a company's unadjusted trial balance, adjusting entries, adjusted trial balance, and financial statements is a(n):
A. General ledger.
B. Work sheet.
C. Post-closing trial balance.
D. Adjusted trial balance.
E. Unadjusted trial balance.
Answer: B
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All of the following are sources of dynamic gains from trade EXCEPT
a. specialization and the reallocation of existing resources. b. additional savings and investment that occurs over a period of time. c. economies of large-scale production. d. economic stimulus provided by increasing levels of competition.
There are two basic types of cost accounting systems: job order costing and process costing.
Answer the following statement true (T) or false (F)
Your firm's policy is to respond to some of the comments your customers make on Facebook and Twitter. What should you do when responding to these comments?
A) Use a friendly, upbeat, professional tone. B) Take this opportunity to name your competitors and explain how much better your products are. C) Avoid admitting mistakes. D) You should do all of these when responding.
The customer may participate in the design of, and in the delivery of, services
Indicate whether the statement is true or false