Under the fiat money system, the revenue that the government makes on every coin issued is referred to as?
A. ?fiat revenue.
B. ?full-bodied revenue.
C. ?money tax.
D. ?seignorage revenue.
Answer: D
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The Retained earnings account has a credit balance of $37,000 before closing entries are made. If total revenues for the period are $55,200, total expenses are $39,800, and dividends are $9,000, what is the ending balance in the Retained earnings account after all closing entries are made?
A. $52,400. B. $37,000. C. $43,400. D. $28,000. E. $35,400.
What is the amount of the liability that the company recognizes in each of the following independent cases?
a. A cereal company issues coupons that can be exchanged for boxes of cereal. It issues 1 million coupons that promise the retailer who redeems the coupons $1 per coupon. The probability of redemption of any one coupon is 8%. b. A plaintiff files a lawsuit against the company. The probability is 80% that the company will lose. If it loses, the amount of the loss will most likely be $100,000.
Write a conclusion and a recommendation for the following findings. The population in Orem has increased by 18% in the last two years. Customers must wait an average of ten minutes to conduct business with a teller at our bank
Using technology to sell ________.
A. is not really necessary B. works for products but not services C. can be useful in helping you communicate your product to the customer and to stay in touch with the customer D. is too expensive for the average salesperson