Cards that are purchased at retail establishments and loaded with funds that you provide are called ________
Fill in the blank(s) with the appropriate word(s).
Answer: prepaid cards
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A top-of-mind brand creates the impression that it is the easiest to buy
Indicate whether the statement is true or false
Activity-based costing (ABC) is used most often to improve the assignment of overhead costs to products
Indicate whether the statement is true or false
Some researchers have suggested replacing the metaphor “glass ceiling” with a “labyrinth” because ______.
A. a labyrinth suggests an easy way forward for women in the professional workplace B. a glass ceiling was considered a racist term and fell out of favor in the 1990s C. ceiling implies a single common barrier whereas a labyrinth connotes a more complex journey D. male managers were also facing barriers at work and wanted to change the terminology
A merchandiser had sales returns and allowances of $400, sales discounts of $700, cost of goods sold of $14,000, and all other expenses of $4,400. The merchandiser uses a perpetual inventory system
The second entry in the closing process would include ________. A) a debit to Income Summary for $19,500 B) a credit to Income Summary for $18,400 C) a debit to Income Summary for $4,400 D) a debit to Income Summary for $18,400