These accounts can be set up in most banks and credit unions and are guaranteed if the institution is FDIC- or NCUSIF-insured.
A) Roth IRA
B) Money Market Accounts
C) 401(k)
D) Stock Brokerage Accounts
E) Shared Checking
B) Money Market Accounts
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Payment is made for an electric bill which was received and recorded earlier. For this transaction, identify the effect on the accounting equation
a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. Liabilities decrease and assets decrease.
A balance sheet account that is usually reported at fair value is
A) Marketable Securities. B) Land. C) Accounts Payable. D) Inventory.
Existing customers are encouraged to bring in new customers with _____
a. prizes b. referral gifts c. sweepstakes d. special events
In most states, the plaintiff can recover damages for intentional infliction of emotional distress even if there are no physical symptoms caused by the emotional distress
Indicate whether the statement is true or false