An electronic machine that allows customers to make deposits, get cash, transfer funds from one account to another, and check balances is
A) an automated banking machine.
B) the virtual bank.
C) an automated teller machine.
D) a smart card.
C
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In which of the following cases would the gross profit method most likely be used?
a. In a company with good accounting records b. In applying the average-cost method c. In estimating the market value of inventory for application of the lower-of-cost-or-market rule d. In estimating an inventory loss from fire
Organizations are often instrumental in helping consumers to identify their own needs. Marketers refer to this need recognition as
A) consumer potential. B) customer demographics. C) customer psychographics. D) consumer satisfaction. E) consumer activism.
Sarbanes-Oxley requires companies to maintain strong and effective internal controls and thus prevent fraud and misleading financial statements
Indicate whether the statement is true or false
Owners of ________ receive either the par value of their stock or a specified monetary amount before the common shareholders share pro rata in the remainder of the assets
A) cumulative preferred stock B) common stock C) convertible stock D) liquidation preferred stock