When a business records an accrued utility liability, the Utilities Expense account is credited.

a. true
b. false

Ans: b. false

Business

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Through the process of ________, the sender translates an idea to be communicated into a symbolic message consisting of words, pictures, numbers, and gestures in preparation for transmittal to a receiver.

A. Message transmission B. Encoding C. Decoding D. Enhancing E. Transferring

Business

In which of the following situations could a quitclaim deed NOT be used?

A) To convey title B) To release a nominal real estate interest C) To remove a cloud on title D) To warrant that a title is valid

Business