Which of the following statements is correct?

A) A bank statement is a document from the bank that reports the activity in the customer's account.
B) A bank statement must be mailed to customers each month.
C) The bank statement does not include an ending balance of the customer&#s account because the bank cannot determine which checks have been cashed during the statement period.
D) Physical copies of canceled checks must be included in the monthly bank statement.


A) A bank statement is a document from the bank that reports the activity in the customer's account.

Business

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In making the decision to use a symmetric or non-symmetric scale, a good rule of thumb is to:

A) use neither B) use the symmetric scale unless the researcher is confident respondents will only use one side of the scale C) use the non-symmetric scale unless the researcher is confident that respondents will use both sides of the scale D) always use both to be certain that the respondent has a choice of how to best express his or her attitude E) none of the above

Business

Which of the following statements is FALSE?

a. More than 50% of each sales dollar typically goes towards covering supply chain costs b. Decentralized purchasing means not having any purchasing departments and allowing all employees to act as purchasing agents c. Electronic procurement systems can aid a company in saving both time and money d. If a firm lacks the technology to make a required component they will need to consider buying/outsourcing.

Business

When consumers can drive transactions with businesses, what type of online marketing is being used?

A) blogs B) podcasting C) social networking D) business-to-consumer E) consumer-to-business

Business

Interest in the nature of ethical leadership has continued to grow, particularly because of the many recent scandals in corporate America and the political realm.

Indicate whether the statement is true or false.

Business