The balance on the current account plus the balance on the capital and financial account equals
A. 0.
B. 1 .
C. -1.
D. 100.
Answer: A
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The implied warranty of merchantability applies to sales by any seller to any buyer.
Answer the following statement true (T) or false (F)
On a bank reconciliation, deposits that were not entered by the bank before the bank statement was prepared are known as
a. NSF deposits; b. deposits in transit; c. outstanding deposits; d. postdated deposits; e. payables
Insert transitional words and phrases in the following paragraph to achieve coherence. Jill has two years' experience in advertising. Marianne has six years' experience in advertising. Jill's experience involved a national advertising campaign;
Marianne's experience is limited to a small region. Marianne's limited regional experience should be evaluated for quality and effectiveness. Jill has made some influential connections with her work in New York. The search committee will have a difficult time deciding which job applicant to hire.
You are about to form a partnership. You want to make a partnership agreement which will protect your interests in the event that your partner decides to retire. Which of the following is TRUE?
A) Your agreement should have a buy-sell clause in it. B) Your agreement should contain a method for determining the value of the business. C) Your agreement should provide for your partner's shares to be appraised in the event of your making an offer for them. D) Both A and B E) All of the above