Financial goals that people want to achieve in less than five years could be accomplished through:
A) placing their money in a safe place.
B) placing their money in an account that makes it easy to get to their cash.
C) liquid accounts.
D) savings and money market accounts.
E) all of the answers are correct
E) all of the answers are correct
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According to Kohlberg’s stages of moral development, people at the _____ make decisions that conform to societal expectations.
a. preconventional level b. conventional level c. postconventional level d. anticonventional level
On the due date, Merrel makes proper tender of full payment of a note to Russell, who is entitled to payment. If Russell refuses payment, Merrel is discharged from liability for:
a. the face amount of the note. b. any interest accrued until the time of tender. c. interest after the due date. d. All of these are correct.
Horizontal analysis examines trends in a company
A. Over time. B. Between balance sheet accounts in the same year. C. Between income statement and balance sheet accounts in the same year. D. Between income statement accounts in the same year.
Accounts receivable are normally reported at the:
A. Present value of future cash receipts. B. Current value less expected collection costs. C. Current value plus accrued interest. D. Amount expected to be collected.