________ is an increase in the price of a collection of goods that represent the overall economy
A) Income
B) Inflation
C) Deflation
D) Utility
E) Surplus
B
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Revenue cannot be recognized unless delivery of goods has occurred or services have been rendered
Indicate whether the statement is true or false
A leader using human skills will ______.
A. develop criteria for the implementation of a new product B. use sensitivity to assess the needs and motivations of others C. use tools and techniques to get things done D. create the vision for restructuring the organization
Firms that are temporarily short of cash and unable to borrow from usual sources can convert accounts receivable into cash by selling accounts receivable to a bank or financing company. This is called
a. assigning accounts receivable. b. pledging accounts receivable. c. factoring accounts receivable. d. all of the above. e. none of the above.
You should be sure that all items in a list are ____________ in structure
a. variable b. typeset c. parallel d. reversible