Which sentence is expressed correctly?
A) Our mailing address is 7,900 Willow Circle.
B) Our mailing address is 7900 Willow Circle.
B
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All of the following are factors contributing to the trend for regulators to adopt accounting principles using fair value concepts except
a. a greater percentage of total assets existing as receivables and securities b. pressure on regulators to adopt an international set of accounting principles and standards c. hybrid measurement methods within GAAP that conflict with each other d. the ease of applying market values to assets and liabilities
Which of the following statements is true?
a. If a debit entry is made to an account in the general journal, the same account will receive a credit entry when the amount is posted to the general ledger. b. If all transactions are correctly posted to the general ledger, the sum of the accounts with debit balances should be equal to the sum of the accounts with credit balances. c. Posting occurs when numbers in the general ledger accounts are transferred to the general journal. d. If the sum of the debit balances equals the sum of the credit balances then there were no mistakes made in the posting process.
The decision to accept a lower-than-normal selling price may depend on the availability of excess capacity.
Answer the following statement true (T) or false (F)
A professional salesperson should not study product materials during the waiting time at the customer's office.
Answer the following statement true (T) or false (F)