Wholesalers exclude manufacturers and farmers because they are engaged primarily in production,

but include retailers, as they are selling to the end consumer.

Indicate whether the statement is true or false


FALSE

Business

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Which one of the following is the last step in the accounting cycle?

a. Journalizing business transactions b. Recording and posting adjustments c. Closing the accounts d. Preparing financial statements

Business

A complete enumeration of the elements of a population or study objects is called a(n) ________

A) sample B) element C) census D) sampling unit E) count

Business

Acme Global has a labor surplus. Specifically, it has too many workers in one type of job and too few in another. Its best method for dealing with its surplus would be ______.

A. downsizing B. early retirement C. retraining D. natural attrition

Business

A certificate of cancellation is a document that is filed with the secretary of state upon the dissolution of a limited partnership

Indicate whether the statement is true or false

Business