An inter vivos gift is a gift:

a. of live animals.
b. contingent upon the donee's surviving the donor.
c. made by a donor during her lifetime.
d. None of these.


c

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To achieve increasing revenue in an account over time, the salesperson acts as a change agent.

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

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Discount on Notes Payable should be classified as a

A) current asset. B) contra account to Notes Payable. C) part of shareholders' equity. D) companion account to Notes Payable.

Business

An increase in the ease of travel between countries is an important development that has occurred because of the North American Free Trade Agreement (NAFTA).

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

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A financial manager is interested in the cash inflows and outflows of a firm, rather than the accounting data, in order to ________

A) ensure profitability B) maintain healthy public relations C) ensure timely payment of taxes D) maintain an optimum solvency level

Business