Alexis must proofread a complex business document. What is the best advice you can give her?

A) Proofread the document on your computer screen to save paper.
B) Be prepared to find errors.
C) Read the document just once to save time.
D) Alexis should do all of these.


B

Business

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Cloverton Corporation had net income of $40,710, net sales of $1,450,000, and average total assets of $590,000. Its return on total assets is:

A. 14.5% B. 1.4% C. 6.9% D. 245.8% E. 2.8%

Business

When personal property is attached to, or used in connection with, real property in such a way as to be treated as part of the real property, it is known as a debenture.

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

Business

The call feature of bonds is useful if a company wants to retire a bond issue

Indicate whether the statement is true or false

Business

Process costing is most appropriate for manufacturers of homogeneous products

Indicate whether the statement is true or false

Business