Posting from the combination journal to the general ledger must be done at the end of the month only

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


False

Business

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Beginning in the 1980s, many large American organizations introduced ________ Dispute Resolution (ADR) systems-legally defined as any process or procedure, other than an adjudication by a presiding judge to resolve a dispute.

What will be an ideal response?

Business

Mercedes-Benz offers a lifetime roadside assistance warranty on all of its vehicles, which shows that Mercedes is committed to customer service. This is an example of the ability of a warranty to ________.

A. convey a message to customers B. build brand awareness C. provide a service to customers D. build brand identity E. provide a cost to customers

Business

Performance discussions should focus on the employee rather than on his or her behaviors.

Answer the following statement true (T) or false (F)

Business

Which of the following entries would be made as the result of the revenue recognition principle?

A) Service Expense 1,000 Service Revenue 1,000 B) Accounts Receivable 1,000 Service Revenue 1,000 C) Salaries Expense 1,000 Accounts Payable 1,000 D) Depreciation Expense 1,000 Accumulated Depreciation 1,000

Business