Which journal would adjusting entries be found?
A) Cash Receipts Journal
B) Cash Payments Journal
C) General Journal
D) General Ledger
C
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Services account for nearly ________ percent of global trade
A) 10 B) 33 C) 20 D) 67 E) 90
Price fixing occurs when two or more companies conspire to ________
A) keep prices at a certain level B) use predatory pricing C) use loss-leader pricing D) use bait-and-switch tactics E) prohibit competitors from entering a market
Answer the following statements true (T) or false (F)
1. Nonprofit organizations cannot receive contracts from local governments. 2. The relationship between a nonprofit organization and a government funding source is considered to be complementary. 3. Nonprofit organizations cannot combine government funds with private funds. 4. Dependence on government contracts makes nonprofits more responsive to government officials. 5. Public officials perceive the purposes of nonprofits are not aligned with the purposes of government.
Penicillin, airplanes, and air conditioning were all
A. invented in the nineteenth century. B. invented by Russians. C. created through government-sponsored research. D. created by individual inventors and small companies. E. created by large corporations.