The Act which first legitimized the use of voluntary arbitration agreements was ________

a) AAA
b) FAA
c) CBA
d) VAA
e) NOTA

B

Business

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The revenue, expenses, Sales Returns and Allowances, and Sales Discounts will be closed via the ________ account

A) Income Summary B) Retained Earnings C) Dividend D) Stockholders' Equity

Business

When supermarkets and department stores drop the price on well-known brands to stimulate store traffic, they are said to be following ________

A) value pricing B) loss-leader pricing C) special event pricing D) high-low pricing E) everyday low pricing

Business