Which is the decimal equivalent of 7%?
A) 0.007
B) 0.07
C) 0.7
D) 7.0
B
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A bookkeeper has debited an asset account for $6900 and credited a liability account for $3700. Which of the following would be an incorrect way to complete the recording of this transaction:
A. Credit another asset account for $3200. B. Credit another liability account for $3200. C. Credit the common stock account for $3200. D. Debit another asset account for $3200. E. Credit a revenue account for $3200.
One of the important lessons from the study of group development is:
a. Strong leadership is crucial to group success. b. Teams should focus on productivity at the beginning of a project. c. Most of the productive work occurs at the end of a project. d. Good social relations among team members often do not develop until the end of a project.
Which of the following statements about a typical accidental death benefit rider is (are) true?
I. Accidental injury must be the cause of death for the increased benefit to be paid. II. The accidental death must occur prior to some specified age for the increased benefit to be paid. A) I only B) II only C) both I and II D) neither I nor II
An eligible unemployed person may now collect unemployment insurance benefits for 36 weeks in most states.
Answer the following statement true (T) or false (F)