Which of the following items will not appear as deductions on a bank statement?

A) NSF
B) EFT
C) Service Charge
D) Deposits

D

Business

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In all cases when FIFO is used, the cost of goods sold would be the same whether a perpetual or periodic system is used.

a. true b. false

Business

Which of the following characteristics of a product is defined as "freedom from defects"?

A) quality B) feature C) style D) value E) design

Business