Popular reports provide condensed financial information that can be used by governments to communicate financial results to citizens.
Answer the following statement true (T) or false (F)
True
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A landlord is expected to use reasonable care to ensure that his or her tenants are not harmed in common areas.
Answer the following statement true (T) or false (F)
Reports based on outcomes and decisions arrived at during meetings are called _____
A) progress reports B) meeting minutes C) trip reports D) feasibility reports E) evaluation reports
Giorgio Italian Market bought $4,000 worth of merchandise from Food Suppliers and signed a 90-day, 6% promissory note for the $4,000. Food Supplier's journal entry to record the sales transaction is:
A. Debit Notes Receivable $4,000; debit Interest Receivable $60; credit Sales $4,060 B. Debit Accounts Receivable $4,060; credit Sales $4,060 C. Debit Accounts Receivable $4,000; credit Sales $4,000 D. Debit Notes Receivable $4,000; credit Sales $4,000 E. Debit Notes Receivable $4,060; credit Sales $4,060
What advice might you give to Jerome?
Jerome has three major credit cards and makes payments on them each month. He has had one of them for six years, another for three years, and the last for eleven months. Making just the minimum payment has become automatic at this point, and Jerome barely even looks at the statements. Jerome is beginning to think that his approach to credit may be faulty, and he wants to find out how to adjust it. He just applied for two additional credit cards. A) Keep making timely, minimum payments. B) Get a cash advance to pay down the balances on the cards. C) Consider using savings to pay off current credit card debt. D) All of this advice would be helpful to Jerome.