Which of the following companies would NOT be traded on the NASDAQ?
A) Dell
B) Apple
C) Volkswagen
D) Google
E) Microsoft
Answer: C
Explanation: C) The NASDAQ exchange lists about 2,250 companies with an emphasis on high-tech firms. Volkswagen is a German auto manufacturer.
You might also like to view...
Homer and Moe, PC are auditing the financial statements of Lyoncraft, Inc and decide to confirm a sample of accounts receivable. This test is performed by Homer and Moe primarily to substantiate which of the following assertions?
a. Existence of related party transactions. b. Existence of accounts receivable. c. Obligation of debt. d. Cutoff of the allowance for bad debt.
Prior to recording adjusting entries, the Office Supplies account had a $380 debit balance. A physical count of the supplies showed $103 of unused supplies available. The required adjusting entry is:
A. Debit Office Supplies Expense $277 and credit Office Supplies $277. B. Debit Office Supplies $103 and credit Supplies Expense $277. C. Debit Office Supplies $103 and credit Office Supplies Expense $103 D. Debit Office Supplies Expense $103 and credit Office Supplies $103. E. Debit Office Supplies $277 and credit Office Supplies Expense $277.
Labor standards are defined as the:
A) preset activities required to perform a job. B) amount of space required by a specific crew to perform the job. C) standard set of procedures to perform the job. D) standard labor agreements. E) amount of time required to perform a job or part of a job.
Insurance is classified according to the amount of the payment on a claim.
Answer the following statement true (T) or false (F)