A(n)___________is a form sent by the seller to the buyer as evidence of a sale
Fill in the blank(s) with correct word
invoice
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Which of the following is a possible outcome of a negative or low term spread?
A. A low of negative spread may indicate higher short-term interest rates in the future. B. A low or negative spread may cause the yield curve to slope upward. C. A low or negative spread may reduce lending by banks. D. A low or negative spread may indicate the early stages of economic expansions.
Which of the following is a key element of internal control over cash payments?
A) periodically reconciling the cash account balance on the company's books to the bank statement balance B) making daily bank deposits C) requiring that all petty cash vouchers be approved by two signatures D) authorizing and verifying that all cash received is recorded daily
Net sales is equal to sales minus cost of merchandise sold
Indicate whether the statement is true or false
The transmission of information from one party to the next is known as?
a. Communication b. Distortion c. Semantics d. Decoding