Each of the following documents is used in the control of cash disbursements except:
a. Purchase requisitions
b. Purchase orders
c. Receiving reports
d. Cash register tapes
d
Business
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An advantage to a high level of stock turnover is that _____
a. there are few lost sales b. quantity discounts are high c. merchandise on shelves is fresh d. low prices affect gross margins
Business
Shareholders are personally liable for the debts of a corporation
a. True b. False Indicate whether the statement is true or false
Business