A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the ________

A) control system
B) voucher system
C) balanced system
D) imprest system


D

Business

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Which of the following statements best describes the term "revenues"?

a. Revenues represent an outflow of assets resulting from the sale of goods or services. b. Revenues represent the dollar amount of bonds sold to the public. c. Revenues represent assets used or consumed in the sale of products or services. d. Revenues represent assets received from the sale of products or services.

Business

Karl-Mart, a chain of American department stores, spreads its promotional budget evenly over the year

The firm ensures that its target customers receive advertising messages throughout the year with the aims of building and maintaining its target customer awareness and comprehension. Karl-Mart uses which of the following strategies? A) a concentrated frequency strategy B) a distributed frequency strategy C) a gross frequency strategy D) an umbrella strategy E) a heavy-up scheduling strategy

Business

Which of the following is not true?

a. Owners of preferred stock have a claim on the assets of a firm that is senior to the claim of common shareholders. b. Preferred shares carry special rights. c. The senior status and special rights may induce certain investors to purchase preferred shares of a firm, even though they would be unwilling to purchase common shares of the same firm. d. The senior status and special rights increase the risks of preferred shareholders relative to common shareholders. e. Preferred shares vary with respect to the rights and obligations of the issuing firm and of the investor in the preferred shares.

Business

A(n) ________ uniquely identifies an individual's or company's website.

A. e-signature B. digital footprint C. email address D. domain name

Business