An example of a nominal account would be

a. Allowance for Doubtful Accounts.
b. Notes Payable.
c. Prepaid Expense.
d. Cost of Goods Sold.


D

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If the Swiss demand for dollars is elastic, then an appreciation of the dollar against the franc will lead to a greater quantity of francs being supplied to the foreign exchange market to obtain dollars.

a. True b. False

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Flores Fashions promotes its clothing by emphasizing the durability and quality of the fabrics it uses. The company has positioned its brand based on ________

A) product benefits B) product attributes C) beliefs and values D) market share E) brand loyalty

Business

When you go to the store and purchase a pair of jeans, money is performing which function?

a. measure of value b. medium of exchange c. measurement of worth d. store of value e. symbol of value

Business

Routine Claims ? Claim messages are requests for an adjustment, such as a refund, replacement, exchange, or payment for damages. Claim messages can be divided into two categories: routine claims and persuasive claims. Routine claim messages should use _________ organizational approach to facilitate a more timely adjustment. A. a restricted B. a direct C. an indirect

Fill in the blank(s) with correct word

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