The demand for business products derives from the demand for final consumer products.
Answer the following statement true (T) or false (F)
True
The demand for business products derives from the demand for final consumer products. For example, car manufacturers buy about one-fifth of all steel products. But if demand for cars drops, they'll buy less steel.
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A network that covers a contiguous geographic area is called a ____.
Fill in the blank(s) with the appropriate word(s).
Which one of the following adjustments will increase assets?
a. Interest incurred on money borrowed during the period but not yet paid to the bank is accrued. b. Rent revenue is recorded for amounts owed by a tenant but not yet paid. c. The use of supplies is recorded. d. Depreciation for the period is recorded.
Which of the following is reported in the operating section of statement of cash flows prepared under direct method?
a. Dividend paid b. Net income c. Taxes payable d. Interest paid
The clause in the Constitutionthat makes the Constitution thesupreme law of the land is known as the Supremacy Clause
a. True b. False