In the ABC inventory classification approach, approximately _______ percent of a firm’s items are in Class A.
What will be an ideal response?
20
Business
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In recent years, the estimated amount of foreign exchange transactions is about $1 trillion a day.
a. True b. False
Business
An advantage of the corporate form is the ability of the board to hire professional managers to attend to the corporation's affairs
Indicate whether the statement is true or false
Business
Headlines of press releases should resemble newspaper headlines by being catchy, succinct, and informative
Indicate whether the statement is true or false
Business
Which of the following accounts will be included in a post-closing trial balance?
A) Service Revenue B) Interest Payable C) Interest Expense D) Utilities Expense
Business