The light-dependent reactions of photosynthesis occur in the stroma of the chloroplast.

Answer the following statement true (T) or false (F)


False

It is not true that the light-dependent reactions of photosynthesis occur in the stroma of the chloroplast. These reactions occur in the thylakoid membranes.

Business

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Why is it important for companies to understand cultural differences and nuances before entering a foreign country's market? Give two examples of cultural differences that would be important for a company to know

What will be an ideal response?

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The implied warranty of fitness for a particular purpose applies only to merchants

Indicate whether the statement is true or false

Business

Dithers Inc. acquired all of the common stock of Bumstead Corp. on January 1, 2018. During 2018, Bumstead sold land to Dithers at a gain. No consolidation entry for the sale of the land was made at the end of 2018. What errors will this omission cause in the consolidated financial statements?

What will be an ideal response?

Business

What is the proper adjusting entry at December 31, the end of the accounting period, if the balance in the prepaid insurance account is $7,750 before adjustment, and the unexpired amount per analysis of policies is, $3,250?

A) Debit Insurance Expense, $3,250; credit Prepaid Insurance, $3,250. B) Debit Insurance Expense, $4,500; credit Prepaid Insurance, $4,500. C) Debit Prepaid Insurance, $4,500; credit Insurance Expense, $4,500. D) Debit Insurance Expense, $7,750; credit Prepaid Insurance, $7,750. E) Debit Cash, $7,750; Credit Prepaid Insurance, $7,750.

Business