Which automaker owns an equity stake in Japan's Nissan Motor?
A) GM
B) Volkswagen
C) Ford
D) DaimlerChrysler
E) Renault
E
Business
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Cash received in advance of providing goods or performing services is recorded as ________
A) Unearned Revenue B) Accrued Revenue C) Service Revenue D) Uncollected Revenue
Business
A broker who is hired by an owner to sell his property must reveal all significant and material information to the principal. Which of the following would be considered material information and must be revealed:
A: The new lender will require the buyer to maintain an impound account; B: The agent's knowledge that a better offer to purchase is imminent; C: The prospective buyer is of oriental descent; D: None of the above.
Business