Identify the accounts that would normally have balances in the credit column of a business's trial balance
A. Assets and revenues.
B. Revenues and liabilities.
C. Dividends and liabilities.
D. Liabilities and expenses.
E. Revenues and expenses.
Answer: B
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Suppose an economy is producing an output above its full-employment level. To return the economy to long-run equilibrium, a(n) ____ monetary policy can be used, which would cause the price level to ____.
A. expansionary; increase B. expansionary; decline C. contractionary; decline D. contractionary; increase
Which of the following is a permanent member of the Security Council?
A. the United States B. India C. Brazil D. Germany
Timothy, who lives alone, has a comprehensive general liability home insurance policy with the Great Pacific insurance company. He is planning to travel the world for a year and leave his home locked up while he is away
Which of the following should Timothy do? A) Tell the insurance company of his plans to leave the house vacant as doing this constitutes a change in the risk. B) Tell the insurance company of his plans because if he does not it will breach the fiduciary duty he owes the insurance company C) Give the insurance company of a forwarding address in case it needs to contact him D) Tell the insurance company so he can get a major reduction in his rates. E)He does not have to tell the insurance company as he still owns the property and he is free to travel.
When developing a problem statement, describe subjective symptoms of the problem that others can observe. _________________________
Answer the following statement true (T) or false (F)