The shares that are available for public purchase and subsequent trading in a secondary market such as the NYSE or NASDAQ are the issued shares of the company

Indicate whether the statement is true or false.


Answer: TRUE

Business

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The buyer must include goods purchased FOB shipping point in its inventory account if the goods are still in transit

a. True b. False Indicate whether the statement is true or false

Business

The accountant failed to make the adjusting entry to record the depreciation for the year. This error would cause

A) an overstatement of assets. B) an overstatement of expenses. C) an understatement of liabilities. D) an understatement of shareholders' equity.

Business

Dashes link ______________________ to the rest of the sentence

a. all stray punctuation b. direct quotations c. introductory or concluding thoughts d. internal citations

Business

________ is an important marketing activity as it allows salespeople to represent the firm to customers, gather information on customer likes and dislikes, and provide market feedback on competitors and trends in the macro-environment.

A. Personal selling B. Publicity C. Advertising D. Public relations E. Sales promotion

Business