Sales to customers who use bank credit cards, such as MasterCard and VISA, are generally treated as credit sales

Indicate whether the statement is true or false


False

Business

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GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $60,000 for 6-months services in advance. GreenLawn's general journal entry to record this transaction will include a:

A. Credit to Accounts Receivable for $60,000. B. Debit to Accounts Receivable for $60,000. C. Credit to Cash for $60,000. D. Credit to Unearned Revenue for $60,000. E. Debit to Unearned Revenue for $60,000.

Business

For an organization, the value chain activity of "service" involves ________

A) managing the organization, including planning, finance, and legal affairs B) shipping products out of the organization C) providing its customers help related to its product before, during, and after a sale D) leveraging technical expertise to develop innovative products

Business

To qualify as an innocent landowner under SARA, a person must have, at the time of acquiring the property, asked about the previous ownership and uses of the property

a. True b. False Indicate whether the statement is true or false

Business

__________ involves an attempt to define a set of rules or attack patterns that can be used to decide if a given behavior is that of an intruder

A. Profile based detection B. Signature detection C. Threshold detection D. Anomaly detection

Business