The major differences between a premium prestige card and a regular credit card include

A) higher interest rates.
B) higher credit limits.
C) additional perks and benefits.
D) both A and B above
E) both B and C above


Answer: E

Business

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At the end of the accounting period, the correct entry in the general journal to adjust for ending inventory is to

a. debit Merchandise Inventory and credit Unearned Revenue. b. debit Income Summary and credit Merchandise Inventory. c. debit Merchandise Inventory and credit Income Summary. d. debit Other Revenue and credit Income Summary.

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Capitalizing interest does not increase the recorded cost of a plant asset

a. True b. False Indicate whether the statement is true or false

Business

A salesperson can be more effective in converting his or her ideas into language with an enthusiastic attitude and effective proof statements.

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

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Taylor is excited and a little tentative about the new plan for improvement that her boss just explained. She thinks that she can really make a difference in her company, but worries that she might not be able to meet the sales goal that has been set. Taylor is feeling which factors associated with psychological empowerment?

A. high impact and low competence B. high self-determination and low meaningfulness C. both high self-determination and competence D. low impact and high competence

Business