The combination journal is used only to record transactions affecting cash
Indicate whether the statement is true or false
F
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Grover signs an installment contract with Home Appliance Store to finance the purchase of new kitchen appliances—stove, refrigerator, dishwasher, microwave, and toasteroven—for $3,999 . This transaction is subject to
a. no federal law. b. the Fair Credit Reporting Act. c. the Telecommunications Act. d. the Truth-in-Lending Act.
Dell uses the sales-order ratio to measure the performance of its salespeople. If, in the past year, a salesperson made $2 million in sales, called on 5,250 potential business customers (either by phone or in person), and got 3,124 orders, what was this sales rep's order-call ratio (to the nearest whole number amount)?
A. 18 percent B. 59 percent C. 73 percent D. 29 percent E. 10 percent
All foreign nations permit foreign majority ownership of critical industries to the security of the host country
Indicate whether the statement is true or false
According to the textbook authors,
A) the Fed appears to be remarkably free of the political pressures that influence other government agencies. B) since the president can protect the Fed from Congress, the Fed may be responsive to the president's policy preferences. C) the Fed appears to be more responsive to the political pressures that influence other government agencies. D) both A and B of the above. E) both B and C of the above.