How are purchase discounts and purchase returns recorded by a company using the periodic inventory system?
a. As a direct reduction to the Purchases account
b. As miscellaneous expenses
c. In contra accounts to the Purchases account
d. As operating expenses
c
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Which activity is not part of the finance function?
a. cash receipts b. portfolio management c. credit d. general ledger
When a company uses ________, it brings in an external company to run some of its essential operations
A) outsourcing B) insourcing C) conventional marketing D) logistics management E) a vertical marketing system
Information and communication technologies involve two main activities: ______ and transmitting it from one location to another.
A. identifying B. socializing C. globalizing D. processing information
You should regard your online presence and activity on social media sites as separate from your job search
Indicate whether the statement is true or false