_______ involves the actual taking of cash, inventory, information, or other assets whereas _______ involves selling stolen assets or transferring them into cash and then spending the cash
a. Conversion, coercion
b. Theft, conversion
c. Coercion, theft
d. Theft, coercion
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
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The _____ is a place where banks can request loans from the Federal Reserve.
A. money market B. domestic trading desk C. Treasury D. discount window
Craig's Snowboards uses the perpetual inventory system and the gross method of accounting for sales, and had the following sales transactions during June: June 2Sold merchandise to General Sports Store on credit for $4,800, terms 1/15, n/60. The items sold had a cost of $2,700.June 4General Sports Store returned merchandise that had a selling price of $200. The cost of the merchandise returned was $110.June 13General Sports Store paid for the merchandise sold on June 2 less the return, taking any appropriate discount earned.Prepare the journal entries that Craig's Snowboards must make to record these transactions.
What will be an ideal response?
What kind of business presentation uses technology to allow remote colleagues to collaborate in real time?
A) Podcast B) Briefing C) Report D) Virtual presentation
What is the maturity value of a 6-month loan for $2,500 at 13% ordinary simple interest?
A) $2,642.47 B) $2,662.50 C) $160.27 D) $162.50