Anvis Asset Management Fund is a mutual fund company that sells securities to investors and uses the money to purchase bonds and corporate stocks. Anvis Asset Management Fund is a(n) _____.
A. credit union
B. thrift institution
C. institutional investor
D. private equity firm
Answer: C
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The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $565. The Adjustments columns shows a credit of $315 for supplies used during the period. The amount shown as Store Supplies in the Balance Sheet columns of the work sheet is:
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The Uniform Commercial Code is a federal law that applies to commercial transactions among the states
a. True b. False Indicate whether the statement is true or false