According to the text, the governmental database is a major type of computerized database

Indicate whether the statement is true or false


FALSE

Business

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Which of the following products is best suited for a personal selling approach?

A) groceries B) soft drinks C) automobiles D) stationery

Business

If you were considering the purchase of a bond issued by a state, county, or city you would be considering the purchase of a ________ bond

A) state B) municipal C) government hedge D) corporate E) none of the above

Business

Answer the following statements true (T) or false (F)

1. When using the aging method, the amount calculated to be the uncollectible accounts is always the amount used for the adjusting entry at the end of the period. 2. There are two methods for accounting for uncollectible receivables. 3. The percent of sales method of accounting for uncollectible accounts is also called the balance sheet approach. 4. Sassafras, Inc. uses the allowance method to account for uncollectible accounts. If the Allowance for Doubtful Accounts has a $1,150 credit balance and the company estimates that $6,650 of accounts will be uncollectible based on an aging of Accounts Receivable, then the journal entry will include a credit to Allowance for Doubtful Accounts for $7,800. 5. Accounts Receivable are reported at current market value in the Current Assets sections of the Balance Sheet.

Business

An attribute for an object which can be used to uniquely identify that object is called a(n) _______

Fill in the blank(s) with correct word

Business