Which of the following is true of bonded warehouses?
A. They are operated by transportation firms.
B. They are intended to be places for trade and business.
C. They help shippers in avoiding tariffs and quotas.
D. They are owned by the government.
A
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Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $17,025. Clayborn's May bank statement shows $15,800 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit$5,200 Outstanding checks$4,600 Bank service fees, not yet recorded by company$25 A NSF check from a customer, not yet recorded by the company$600 The adjusted cash balance should be:
A. $21,000 B. $16,400 C. $16,425 D. $11,200 E. $17,000
An analysis of alternative approaches to a project is in the ______.
a. conceptualization stage of a project b. planning stage of a project c. conclusion stage of a project d. growth stage of a project
Which of the following is the most accurate statement about social networking among cultures?
A) Social networking tends to make introverts more extroverted. B) In real life and online, we instinctively tend to gravitate toward people who seem similar to us. C) The majority of networking experts agree that social media offer limited intercultural engagement. D) Online environments make social presence and interpersonal contact easier for all people.
Ben Fasby has taxable income of $7,000, and the following tax rate schedule is applicable:
Taxable Income Tax Rate $0 to $3,400 0 % $3,400 to $5,500 12 % $5,500 to $7,600 14 % Ben's average tax rate is A) 6.6%. B) 8.3%. C) 12.0%. D) 14.0%.