A trial balance may prove that debits and credits are equal, but
a. an amount could be entered in the wrong account.
b. a transaction could have been entered twice.
c. a transaction could have been omitted.
d. all of these
Ans: d. all of these
Business
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Kellogg's purchases large quantities of whole grain in order to produce its cereal products. Consumers' desire for cereal affects the size and frequency of Kellogg's purchases, which is an example of what characteristic of organizational buying?
derived demand consumer-driven purchasing virtual forecasting domino distribution
Business
Over the 50-year period from 1950 to 1999, 3-month Treasury bills earned a positive average annual rate of return in each year
Indicate whether the statement is true or false.
Business