An example of a contra-revenue account is

a. Purchases.
b. Purchases Returns and Allowances.
c. Purchases Discounts.
d. Sales Returns and Allowances.

d

Business

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A financial contract that obligates one party to exchange a set of payments it owns for another set of payments owned by another party is called a ________

A) cross hedge B) cross call option C) cross put option D) swap

Business

A regular entity must have at least one of the following attributes:

A) Unique attribute B) Composite attribute C) Multivalued attribute D) Derived attribute

Business