Which of the following is the difference between a stock warrant and a stock option?
A) A stock warrant can be freely traded, whereas a stock option cannot be traded.
B) A stock warrant can only be issued to employees, whereas a stock option can be issued to anyone.
C) A stock warrant authorizes its holder to purchase a stated number of shares at a stated price, whereas a stock option allows its holder to purchase any number of shares at any price.
D) Shares bought through a stock warrant can be bought back by the company issuing the shares, whereas shares bought through a stock option cannot be bought back.
A
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The use of customer statements as a control device will be effective only if the employees responsible for the custody of cash received through the mail, for record keeping, and for authorization of adjustments to customers' accounts are not allowed to prepare and mail statements to customers
a. True b. False Indicate whether the statement is true or false
Batch processing systems can store data on direct access storage devices
Indicate whether the statement is true or false
The billing department is not responsible for
a. updating the inventory subsidiary records b. recording the sale in the sales journal c. notifying accounts receivable of the sale d. sending the invoice to the customer
Mark wanted to make some extra money, so he went door-to-door in his neighborhood asking residents if they had any small jobs that they could hire him to perform. Mark had no idea of whether anyone had any jobs for him, so he picked the houses randomly and knocked on the doors to see if anyone was home and perhaps interested in his services. In terms of the personal selling process, Mark was engaged in ________ when he knocked on a prospective customer's door.
A. stimulus-response selling B. handshaking C. traffic generation D. cold canvassing E. closing