Which of the following is not an example of a common activity in an AIS?
A) buy and pay for goods and services
B) sell goods and services and collect cash
C) summarize and report results to interested parties
D) record sales calls for marketing purposes
Answer: D
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If a revenue expenditure is incorrectly recorded on a company's books as a capital expenditure, which of the following statements will be true?
A) Stockholders' equity will be overstated at year end. B) Net income in the following year will be unaffected. C) Total assets will be understated at year end. D) Net income will be understated for the year.
This is the most secure service the USPS offers. It provides a mailing receipt and proof of the date and time of the delivery
a. Signature Confirmation c. Registered Mail b. Restricted Delivery d. Return Receipt