After each transaction is posted from the general ledger to the accounts receivable subsidiary ledger a slash and a checkmark should be placed in the:
a. post ref. column.
b. credit column.
c. date column.
d. debit column.
a
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Identify a true statement about the Occupational Safety and Health Administration (OSHA) established by the U.S. Congress in 1970.
A. The integrative approach allowed OSHA to make trade-offs between health and economics. B. When OSHA was first established, regulations were aimed at achieving the safest feasible standards. C. It takes away the burden of proof of high health standards from industries. D. It holds that health and safety standards are required irrespective of the economic feasibility.
The firm ________ fixed assets worth ________. (See Table 4.1)
A) purchased; $0 B) purchased; $200 C) sold; $0 D) sold; $200
_____ is anagreement between two or more firms to jointly pursue a specific opportunity without actually merging their businesses.
A. Direct investment B. A common market C. Countertrade D. A strategic alliance
If your marginal tax rate while working is low, but you expect your marginal income tax rate to be high after you retire, you may be better off investing in a traditional IRA than in a Roth IRA
Indicate whether the statement is true or false.