Since 1900, the average return on stocks has exceeded the average return on savings accounts by more than 6 percentage points

Indicate whether the statement is true or false.

Answer: TRUE

Business

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When expenses, such as employee wages, are not paid for until after they have been performed, the accrued expense is recorded in the accounts by an adjusting entry at the end of the accounting period.

a. true b. false

Business

ShipNow requires every new store salesperson to ride along on deliveries with drivers for two weeks before beginning the sales course necessary to be able to have contact with customers. What is the most likely purpose of the ride-alongs?

A) to enable the salesperson to empathize with drivers B) to assign a mentor to provide support to the salesperson C) to help the driver with deliveries during the rushed holiday season D) to give the salesperson in-depth knowledge of the delivery process E) to provide a trial period to determine if the salesperson will be a good employee

Business