All but one type of closing entry affects an income statement account

Indicate whether the statement is true or false


T

Business

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Which of the following best defines prohibitions?

A. The perceptions that customers have when they contact an organization or service provider about the kind, level, and quality of products and services they should receive. B. Alternatives offered by service providers when an original request by a customer cannot be honored because of such restrictions as governmental statutory regulations, unavailability of products, or inability to perform as requested. C. Local, state, or federal regulations that prevent a service provider from satisfying a customer's request even though the provider would normally do so. D. A service strategy in which service providers strive for excellent customer service and satisfaction by doing more than they say they will do for the customer or exceeding customer expectations.

Business

The rate at which a salesperson speaks has no effect on how a customer perceives him or her.

Answer the following statement true (T) or false (F)

Business

When placing a visual aid in a text, where should the visual be placed?

A) Before the text that describes the visual aid B) At the end of the document C) In the List of Illustrations D) After the text that describes the visual aid E) As close to the text that describes the visual aid as possible

Business

The capital expenditures budget summarizes the effects of investing activities on cash.

Answer the following statement true (T) or false (F)

Business