The deposit amount after subtracting any cash received by the customer is referred to as the

A) total deposit.
B) final deposit.
C) net deposit.
D) gross deposit.


C

Business

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If a pension plan amendment is adopted and retroactive benefits are granted to employees, the amount of the prior service cost at the date of grant is accounted for

A) as an intangible asset and liability that are recognized on the plan amendment date. B) as a prior period adjustment for the total amount of the prior service cost that is reported on the statement of retained earnings. C) as the total amount of the prior service cost that is recognized as an expense on the current period's income statement. D) initially as an unamortized amount to be included in the computation of pension expense over future periods.

Business

Which of the following is the primary function of carbohydrates in living organisms?

A. Carbohydrates form the basic structural framework of all cell membranes. B. Carbohydrates store hereditary information. C. Carbohydrates are used as long-term energy storage. D. Carbohydrates are used as an immediate energy source.

Business

The relevant range of activity is the range in which actual operations of a company are likely to occur

Indicate whether the statement is true or false

Business

Describe the operation of a fully disclosed agency

What will be an ideal response?

Business