Which of the following statement is true?

a. Revenue is not necessarily cash
b. Cash and revenue are actually the same thing
c. Revenue is what you have in the bank
d. Cash is non-taxable and revenue is not


a. Revenue is not necessarily cash

Business

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Generally, people are able to come up with more English words that begin with the letter r than come up with words that have r as the third letter, even though there are more words with the letter r as the third letter than as the first letter. This phenomenon is known as the ______.

A. availability bias B. translation effect C. recency effect D. contrast effect

Business

Matthew has been designated by KyoTek to help mediate disputes. He listens to employees' complaints and then tries to seek solutions through negotiation and mediation. Matthew is known as a(n)

A. hearing officer. B. employee assistance program counselor. C. step-review coordinator. D. ombudsman.

Business

At an annual interest rate of 9%, an initial sum of money will double approximately every 8 years

Indicate whether the statement is true or false

Business

Which of the following bank assets are the most liquid?

A) Consumer loans B) Reserves C) Cash items in process of collection D) U.S. government securities

Business