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Questions in business

[Free] Which of the following statements is FALSE regarding naming conventions when adding a vendor to QuickBooks? A. The Company name and the Vendor display name can be the same in both places or they can different B. The Company name appears on all bills and purchase orders created for this vendor C. The Vendor display name is the name used to display the vendor in QuickBooks D. The Vendor display name can be the same as another customer or vendor

[Free] True or False: The employer portion on additional Medicare tax (wages over $200,000) is 0.9% A. False B. True

[Free] Which of the following does not apply to unearned revenues? A. May also be called deferred revenues. B. They are amounts received in advance from customers for future products or services. C. Gift cards are an example. D. They can result from advance ticket sales. E. Classified as a long-term asset

[Free] What is the type of wage or salary in a compensation package where all sales are divided equally among team members? A. straight salary B. pure commission C. salary plus commission D. territory volume

[Free] Which of the following is likely to shift the consumption schedule upwards? A. Expectations of a rise in interest rates. B. Consumer prices are expected to fall. C. A currently large stock of durable goods in the possession of consumers. D. The expectation of a future rise in the consumer price index.

[Free] Good manners can represent the difference between getting ahead in your job or tumbling to the bottom of the career ladder. A. True B. False

[Free] Write the last date to receive a discount on an invoice received on June 9 if the terms are $10/20; n/60$.

[Free] Which of the following statements related to estimated liabilities is false? A. They are known obligations of an uncertain amount that can be reasonably estimated. B. They include vacation benefits and paid absences. C. They are always reported in the notes to financial statements D. The journal entry to record estimated liabilities Includes a debit to an expense account and credit to a payable account. E. They can be both current and long term.

[Free] Renee is going to buy a new car that has a list price of $19,675. She will be responsible for $1,420 in vehicle registration fees, $85 in documentation fees, and 8.92% sales tax. She plans to trade in her current car, a 2002 Buick LeSabre in good condition, and finance the rest of the cost over four years at an interest rate of 11.34%, compounded monthly. If the dealer gives Renee 85% of the listed trade-in value for her car, what will her monthly payment be? Round all dollar values to the nearest cent. | Buick Cars in Good Condition

[Free] Which of the following criteria CAN'T be specified in a bank rule condition? A. Transaction date B. Bank account C. Bank text D. Description E. Transaction amount