Which of the following assets (if any) are not part of a firm's working capital investment?
A) cash
B) accounts receivable
C) inventory
D) All these assets are part of a firm's working capital investment.
D
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The reported fair market value of securities held by the client can be verified by the auditor through which of the following procedures?
a. Comparing the values to those securities held by the auditing firm. b. Confirming the fair values with the client as of the close of the year. c. Comparing the fair values with the fair values of similar securities. d. Comparing the fair values to credible publications and websites.
___________________permits products to be easily demonstrated and allows for sufficient time to make viewers well informed about the products.
A. Telemarketing B. Online retailing C. Automatic vending D. Television home shopping E. Catalog marketing
When a state statute requires a security interest in a motor vehicle to be noted on the certificate of title, the security interest is perfected: A) by the certificate notation, when a non-inventory motor vehicle is involved
B)by filing under the UCC, regardless of how the vehicle is classified. C)by filing under the UCC, when the motor vehicle is inventory. D)either by the certificate notation or by a UCC filing, depending on how the state statute defines the term motor vehicle.
Electronic commerce reduces the speed and accuracy with which businesses can exchange information
a. True b. False Indicate whether the statement is true or false