Although optional, a reversing entry is usually made for adjusting entries that accrue expenses to be paid in the next accounting period
Indicate whether the statement is true or false
True
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If the actual inflation was 4 percent over the past year and you owned a one-year bond that paid 4 percent interest, what was your after-tax realized real interest rate if your tax rate was 15 percent?
A. ?0.6 percent B. 0.0 percent C. 1.1 percent D. 2.0 percent
The practice of measuring, managing, and analyzing market performance is referred to as marketing analytics.
Answer the following statement true (T) or false (F)
Which of the following is not one of the typical duties of an insured in connection with an
insurance policy? A) Duty to exercise reasonable care in connection with the risks insured against B) Duty to notify insurer promptly of claims C) Duty to cooperate with the insurer in the investigation of claims D) Duty to pay premiums E) Duty to provide complete and accurate information in the application for insurance
The greatest amount of responsibility for providing customer satisfaction falls on the shoulders of
A. chief executive officers. B. salespeople. C. sales managers. D. quality control experts. E. marketing directors.