M2 includes
A. large-denomination time deposits.
B. term repurchase agreements.
C. stockholder's equity of banks.
D. M1.
Answer: D
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Debit entries are used to
a. increase asset accounts. b. decrease expense accounts. c. increase liability accounts. d. increase revenue accounts.
Which of the following statements is false?
a. Normal losses which can be associated with a particular job, are charged (net of disposal)to that job. b. A job order cost system may produce both normal and abnormal losses. c. Normal losses, which can be anticipated, are included as a part of predetermined overhead. d. Abnormal losses are treated as product costs.
Tyler's Garage, an automotive repair shop, sends out a direct-mail offer for a complete tune-up for first-time customers at a greatly reduced price. Which sales promotion objective is Tyler's Garage trying to accomplish?
A. Neutralizing competitive promotional offers. B. Increasing reseller inventories. C. Boosting sales to current customers. D. Steadying irregular sales patterns. E. Drawing new customers.
________ specify how a company will restore IT functions after a disaster
A) Business continuity plans B) IT disaster recovery plans C) Both A and B D) Neither A nor B