A contract between Fresh Fruit Corporation and Green Grocer, Inc, re-quires Fresh Fruit to deliver goods to Green Grocer's place of business. This is?
A)?a bill of lading
B)?a destination contract.
C)?a shipment contract.
D)?a warehouse receipt.
B
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Which of the following procedures is not usually performed by the accountant during a review engagement of a nonpublic entity?
A. Reading of the financial statements to determine if they conform with generally accepted accounting principles. B. Inquiry about actions taken at meetings of the board of directors that may affect the financial statements. C. Communication of any material weaknesses discovered during the consideration of internal control. D. Issuance of a report stating that the review was performed in accordance with standards established by the AICPA.
Which feeling below is an example of positive affect?
A. cheerfulness B. empathetic C. lethargy D. self-esteem
________ is defined as the substantial likelihood that a person either committed or is about to commit a crime.
A. Indictment B. Probable cause C. Predication D. Reasonableness
Use the following to answer questions 1?9:Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not effect that element of the financial statements or that the event causes an increase in that element is offset by a decrease in that same element.) During the process of preparing the bank reconciliation, an employee for Heath Company discovered that Check #4261 for $65, used to pay an account payable, was recorded in the company books as $56.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?