A ________ is a distinct form of draft drawn on a financial institution and payable on demand

A) promissory note
B) check
C) deed
D) letter of credit

B

Business

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Which of the following bodies formulates the generally accepted accounting principles (GAAP)?

A) Accounting Disclosure Board B) Financial Accounting Standards Board C) Association of Certified Fraud Examiners D) Securities and Exchange Commission E) American Institute of Certified Public Accountants

Business

The total of the dollar amounts on the job order cost cards that have not been completed would be equal to the

A) cost of goods completed. B) balance in the Finished Goods Inventory account. C) cost of goods sold. D) balance in the Work in Process Inventory account.

Business