A title plant consist of:

a. all possible title records
b. a title company's lot books and general indexes
c. recorded and unrecorded title information
d. duplicates of county recorder's records

Answer: b. a title company's lot books and general indexes

Business

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The entry to write off an account receivable under the allowance method will ________

A) reduce net income B) have no effect on net income C) increase total assets D) increase net income

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In ________ pricing, the price is set on the basis of the value that customers realize when they compare the price and benefits of the company's product with those of a key competitor's product

A) life-cycle value B) customerization C) perceived-value D) value-in-use E) cost-based

Business