What analyzes the transactional information of the business so the owners and investors can make sound economic decisions?
A. Accounting.
B. Bookkeeping.
C. Financial accounting.
D. Managerial accounting.
A. Accounting.
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Which of the following best describes the occurrence assertion for inventory?
A. Purchase requisitions initiated by authorized personnel. B. Inventory properly accumulated from journals and ledgers. C. All inventory is recorded. D. Recorded inventory transactions actually happened.
Which of the following is an example of a dyadic relationship in an organization ______.
A. mentor and protégé B. supervisor news reporter C. CEO and top management team D. trainer and janitor
"Lemon protection" implies that
A) if the consumer is dissatisfied with the product, the consumer may return the product for a full refund within a year of purchase. B) if the product is defective, the consumer may return the product at any time for a full refund. C) if the defective product cannot be repaired after a reasonable number of attempts, the consumer is entitled to either a replacement or refund. D) producers are protected from the unwarranted return of merchandise by negligent consumers.