The account Cash Overage is which type of account?

A. A liability account
B. An asset account
C. A miscellaneous expense account
D. A miscellaneous revenue account


Answer: D

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Inside forces for change include which of the following?

A. Domestic competition B. Low productivity C. Advancements in automation D. Immigration E. Recession

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Amortized premium is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will this component change as the bond approaches maturity?

a. decrease b. increase c. remain constant d. not enough information given to decide

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The exclusive right to publish and sell a literary, artistic, or musical work is called a

A) patent. B) trademark. C) copyright. D) franchise.

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How have the ages of a woman’s children affected her participation in the workforce?

*a. Women increasingly participate in the workforce as their children get older. b. The age of the child is not a factor. It is more so whether a women has a child or not. c. Older children have more expensive needs for the women to cover. d. The effect has now been muted since more men are taking on the caregiver role.

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