For the revenue cycle, state two specific independent verifications that should be performed
Shipping verifies that the goods sent from the warehouse are correct in type and quantity.
Billing reconciles the shipping notice with the sales order to ensure that customers are billed only for the quantities shipped.
General ledger reconciles journal vouchers submitted by the billing department (sales journal), inventory control (inventory subsidiary ledger), and cash receipts (cash receipts journal).
Treasurer determines that all cash received got to the bank.
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Moving averages are useful in forecasting stationary time series as they tend to smooth out random variations
Indicate whether the statement is true or false
Free cash flow is the ________
A) cash flow from assets B) remaining cash free to distribute to creditors and owners of the firm C) cash that a company generates to operate the company D) All of the above
Ads that appear in a Facebook user's News Feed are called:
A) Marketplace Ads. B) Promoted Ads. C) Page Post Ads. D) Brand Ads.
The longer you hold an investment in a quality growth company, the better your chances of making money.
Answer the following statement true (T) or false (F)