Every time countries enter a new trading agreement, service trade tends to grow more rapidly than merchandise trade

If a government uses a perpetual inventory system for its General Fund and there is an inventory overage at the end of the year, the inventory asset account should

A. Be increased and the expenditure account decreased. B. Be decreased and the expenditure account increased. C. Remain the same. The expenditure account will be decreased, offset by an allowance for inventory overage account. D. Remain the same. The expenditure account will be increased, offset by an allowance for inventory overage account.

Line management:

A) is also known as staff management. B) is directly responsible for achieving the goals of the organization. C) is never responsible for achieving the goals of the organization. D) is not responsible for achieving the financial goals of the organization because that is the job of the CFO. E) never have organizational goals to achieve.