Commercial accounting systems have fully integrated modules. The word "integrated" means that

a. segregation of duties is not possible
b. transfer of information among modules occurs automatically
c. batch processing is not an option
d. separate entries are made in the general ledger accounts and the subsidiary ledgers


B

Business

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When a bond is sold between coupon payment dates, the buyer pays the seller for the _____, which is the prorated share of the upcoming coupon payment.

A. accrued interest B. prepaid interest C. bond premium D. bond discount E. discount

Business

It has been said that the only thing worse than having a problem is to have a problem and not be aware that you have it!

Indicate whether the statement is true or false

Business

Each state has ________ senator(s) in the U.S. Senate.

A. a variable number of B. two C. one D. five

Business

The ingredients of the marketing mix are used to:

a. demonstrate the expertise of the marketing department b. meet product display requirements c. encourage in-house support of marketing activities d. fulfill trade show commitments e. reach the target market

Business