When a business records the earning of service revenue, the Service Revenue account is credited.

a. true
b. false

Answer: a. true

Business

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Organizational members who have lunch together and meet after work for sports or other activities are members of which type of informal group?

A. Friendship B. Interest C. Task D. Self managed

Business

How much would Kristen have to deposit in the bank at the end of each of the next five years if she wishes to have $5,000 in the bank at the end of that time period, assuming she will be earning 6% annual rate of return?

A. $887. B. $943. C. $1,000. D. $1,187. E. $5,000.

Business