All of the following are false EXCEPT
A) the transit float is caused by the time lapse from the moment a customer mails a check until
the firm begins to process it.
B) the processing float is caused by the time necessary for a bank to process the check.
C) the mail float is caused by the time lapse from the moment a firm receives the check and
begins to process it.
D) the disbursing float derives from the fact that funds remain in a firm's bank account until its
payment check is cleared through the banking system.
D
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Which of the following softwares allows Internet firms to monitor when customers blog, comment, post, share, link, upload, friend, stream, write on a wall, or update a profile?
A) cookies B) caches C) bridges D) cliques E) buzzers
The excess of issue price over par of common stock is termed a(n)
A) discount B) income C) deficit D) premium
The five forces of competitive pressures do not include
A. the threat of new entrants into the market. B. the attempts of companies in other industries to win customers over to their own substitute products. C. the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry. D. the power and influence of social/demographic trends. E. the bargaining power of suppliers and seller-supplier collaboration.
Which of the following sequences states the order in which accounts are listed on a trial balance?
A) Equity ? Assets ? Liabilities B) Liabilities ? Assets ? Equity C) Assets ? Equity ? Liabilities D) Assets ? Liabilities ? Equity