In practice, a control group is sometimes defined as the group that receives the current level of marketing activity, rather than a group that receives no treatment at all because it is difficult to reduce current marketing activities, such as

Accord Corporation purchased land for $100,000 by making a cash payment of $30,000 and promising to pay the remaining amount in a later accounting period. What is the net effect of this transaction on Accord's accounting equation?

A) assets increase by $100,000 and liabilities decrease by $30,000 B) assets increase by $100,000 and liabilities decrease by $70,000 C) assets and equity increase by $70,000 D) assets and liabilities increase by $70,000

If Congress adjourns within ten days of submitting a bill to the President, and the President does nothing with the bill, the bill is deemed vetoed

a. True b. False