In December 2012, Australia implemented some of the world's most stringent antismoking regulations which included a ban on brand logos and prominent placement of graphic photographic images of smoking-related illnesses and disfigurement on cigarette

packs.
Indicate whether the statement is true or false

TRUE

Business

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A business purchases $500 of office supplies on account. Which of the following accounts is credited?

A) Cash B) Accounts Payable C) Office Supplies D) Service Revenue

Business

Which of the following involves producing goods at home and then shipping them to the receiving country for sale?

A. Outsourcing B. Licensing C. Franchising D. Exporting E. Diversifying

Business