An online third party that brokers a transaction online between a buyer and a seller best describes

A) strategic source.
B) horizontal marketplace.
C) vertical marketplace.
D) online intermediary.


D

Business

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Which of the following transactions results in the recognition of an expense?

a. Expiration of the usefulness of equipment during the accounting period b. Payment on an account payable c. Declaration and payment of a dividend d. Payment on the principal portion of a loan

Business

Verbs are the key _________ words in most sentences

a. inquiry b. subject c. action d. identifier

Business

Which of the following situations is most appropriate for sending an e-mail message?

A) Caitlin must deliver a negative performance review to one of her employees. B) Drew must send salary information to the company's accountant. C) Sabrina wants to know whether her supervisor is available for a meeting next week. D) Martin must put one of his employees on probation for a workplace violation.

Business

North Woods Company has a line of credit with Olympia State Bank. North Woods agreed to pay interest at an annual rate equal to 3% above the bank's prime rate. Funds are borrowed or repaid on the first day of each month and interest is paid in cash on the last day of each month. Borrowing is shown as a positive amount, and repayments are shown as negative amounts indicated by parentheses. Activity to date is given as follows: MonthAmt. Borrowed(Repaid)Prime Rate forthe MonthJanuary$25,000?  7?% February 39,000?  5?% March (25,000)? 3?%  What is the amount of interest paid at the end of March? (Do not round your intermediate calculations.)

A. $208.0 B. $97.5 C. $227.5 D. $195.0

Business