A ________ is a plan of action followed by a player
Fill in the blank with correct word.
Answer: strategy
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A list of all asset, liability, stockholders' equity, revenue, and expense accounts, along with their assigned account numbers, which are used by a company is a(an)
a. Account b. General Journal c. General Ledger d. Chart of Accounts
Which of the following statements is true about marketing plans?
A) Marketing plans are always forward looking. B) Plans should not be developed for specific customer segments. C) A typical marketing plan sequence starts with data analysis. D) Marketing plans contain objectives and strategies instead of financial details.
Specter Consulting purchased $7,000 of supplies and paid cash immediately. Which of the following general journal entries will Specter Consulting make to record this transaction? Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.
A.
| Supplies Expense | 7,000 | |
| Accounts Payable | 7,000 |
B.
| Supplies | 7,000 | |
| Accounts Payable | 7,000 |
C.
| Supplies | 7,000 | |
| Cash | 7,000 |
D.
| Accounts Payable | 7,000 | |
| Supplies | 7,000 |
E.
| Cash | 7,000 | |
| Supplies | 7,000 |
Despite their decline in use, faxes can still be useful in some cases. For example, documents that require _______________ may need to be faxed
a. high-quality paper b. signatures c. postage d. shredding