The file or record that is essentially a subsidiary ledger for tangible assets, such as land, buildings, machinery, and equipment, is the

A) fixed assets register.
B) fixed assets control ledger.
C) property master ledger.
D) property control ledger.

Answer: A

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Which of the following phrases accurately describes psychological pricing?

a. It is essentially the same as price shading b. It is also called odd-even pricing c. It is equally effective on all types of products d. It is designed to aid the economy-minded purchaser

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Approximately how large was the U.S. subprime mortgage market in 2007?

A) $100 million B) $100 billion C) $500 billion D) $1 trillion

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