Which of the following would not be an elimination on a work sheet for a consolidated income statement?
a. Debit Cost of Goods Sold and credit Sales.
b. Debit Interest Income and credit Interest Expense.
c. Debit Common Stock and Retained Earnings and credit Investment in Subsidiary.
d. Debit Sales and credit Cost of Goods Sold.
A
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The amount of nonborrowed reserves equals
A. the monetary base plus the amount of discount loans. B. the amount of reserves plus the amount of discount loans. C. the amount of reserves minus the sum of the amount of discount loans and currency. D. the monetary base minus the sum of the amount of discount loans and currency.
When audiences become directly involved in the negotiation process, the complexity of the interaction increases depending on
A. all of these issues. B. how much power the audience has. C. what kind of role the audience chooses to play. D. who the audience is and what is at stake.
Which of the following has no intermediaries and operates strictly from producer to end-user consumer or business user?
A. physical distribution B. virtual network C. direct channel D. exclusive distribution E. indirect channel
Data that have been collected or published already are
A. franchised data. B. primary data. C. secondary data. D. free. E. None of these answers are correct.