Which of the following types of accounts is closed at the end of an accounting cycle?
A. Common stock
B. Assets
C. Liabilities
D. Dividends
Answer: D
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Gross margin as a percentage of sales is a common analytical tool for service companies
a. True b. False Indicate whether the statement is true or false
If the balance of accounts receivable decreases during the year, then cash collections will ____________________________ sales on account for the period
Fill in the blank(s) with correct word
You develop a cost-cutting measure for your department, and email the idea to your supervisor. Your supervisor forwards your message to the other members of your department, as well as the heads of operations and IT
The secondary audience of your message is ________. A) your supervisor B) your supervisor and the heads of operations and IT C) the members of your department and the heads of operations and IT D) your supervisor and the members of your department E) your supervisor, the members of your department, and the heads of operations and IT
The primary means of communication in organizations is now ______.
A. e-mail b. handheld mobile devices C. laptops D. memos