Banks operate either under a federal or state charter

Indicate whether the statement is true or false


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Business

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Which of the following errors will cause the trial balance to be out of balance?

A) Posting a debit to Land as a debit to Machinery. B) Placing a debit balance amount into the credit balance column of the ledger. C) Omitting an entire transaction. D) Incorrectly recording the purchase of land for cash as a debit to Cash and a credit to Land.

Business

______ help entrepreneurs form positive and productive ways of thinking that can benefit performance.

a. Destructive thought patterns b. Fixed mindsets c. Constructive thought patterns d. Right-brain thinking patterns

Business

Harrison is single and his son Jack is 12 years old. If his AGI is $195,000, what amount of child tax credit can Harrison claim?

A. $2,000. B. $1,000. C. $4,000. D. $0.

Business

The sourcing strategy for procuring leverage items would be to

A) use reverse auctions. B) decentralize purchasing. C) narrow item specifications. D) develop long-term partnerships with one or two key suppliers.

Business