In the context of financial securities, _____ are offered by banks and other institutions like credit unions.
A. corporate bonds
B. certificates of deposit
C. common stocks
D. government securities
Answer: B
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Generally, employees are most likely to stay with an organization if
A. the firm is in a high-tech industry. B. the employer provides high salaries to technology professionals. C. the organization's mission and values align with the employee's mission and values. D. the mission and values of the organization change often.
Southeastern Company sold merchandise for $4,450 to Northern Company on account. The cost of goods sold was $1,185. Southeastern Company uses a perpetual inventory system and special journals. The $4,450 is recorded as ________.
A) an entry in the general journal B) Accounts Receivable DR, Sales Revenue CR column of the sales journal C) Merchandise Inventory DR column of the purchases journal D) Accounts Receivable CR column of cash receipts journal
Which of the following is/are not true?
a. Revenues from sales of goods or services to customers during a particular period do not necessarily equal cash received from customers during the same period. b. The receipt of cash can precede, coincide with, or follow the recognition of revenue. c. Expenses incurred to generate revenues during a particular period do not necessarily equal cash expended for the goods and services consumed in operations during the same period. d. The expenditure of cash can precede, coincide with, or follow the recognition of expenses. e. The net income for a particular period will likely equal the cash flow from operations for the same period.
A snack bar located in a discount department store best illustrates _____
a. solutions selling b. co-branding c. scrambled merchandising d. micromerchandising