A conference call is an effective, low-cost substitute for any business meeting

Indicate whether the statement is true or false


FALSE

Business

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A short-term investment in a U.S. Treasury bill costs $24,400 and will mature six months later at $25,000 . Management intends to hold the investment until it matures. The entry to record the initial investment is:

a. Short – Term Investments 25,000 Cash 25,000 b. Cash 24,400 Short – Term Investments 24,400 c. Short – Term Investments 24,400 Cash 24,400 d. Cash 25,000 Short – Term Investments 24,400 Interest Income 600

Business

An important use of the work sheet is as a replacement for the annual financial statements

Indicate whether the statement is true or false

Business

Cluster workstations tend not to be as elaborate as work areas designed using the modular approach

Indicate whether the statement is true or false.

Business

Unless an auction is advertised or announced as being without reserve, the sale is with reserve, and the auctioneer may withdraw the goods at any time until he announces completion of the sale

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

Business