Which of the following is a criterion for an effective visual aid?
A. relevance
B. simplicity
C. visibility
D. all of these
D. all of these
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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.
Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three months of operations are as follows:Sales BudgetApril May June Cash sales30,000 43,000 55,000 Sales of account370,000 432,000 405,000 400,000 475,000 460,000 Bright Minds expects to collect 70% of the sales on account in the month of sale, and 20% in the month following the sale, and the remainder in the second month following the sale. What is the amount of budgeted cash collections for June?
A. $406,900 B. $460,000 C. $424,900 D. $461,900
While data has traditionally been used to see whether this or that pattern exists, _____ allows you to ask what patterns exist.
Fill in the blank(s) with the appropriate word(s).
Which of the following is the next step in the process of obtaining a patent after contacting a patent attorney?
A) The attorney does a patent search to make sure that no other similar patent exists. B) The attorney files a patent application with the Patent Office. C) The attorney attends a legal hearing so a judge can evaluate the patent application. D) The U.S. Patent Office checks if two copies of the patent design have been submitted to the Library of Congress.