All of the following are the goals of internal controls over merchandising transactions except
a. To keep credit losses at a minimum
b. To retain enough cash to take advantage of cash discounts
c. To keep the appropriate amount of inventory on hand
d. To decide on the quality of materials to be purchased
D
Business
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Which of the following is true of private money?
A. It can only be used for making payments between private parties who agree in advance to its use. B. It cannot consist of any other sort of transferable material but official money. C. It can be used to pay public debts. D. It is an example of reserve currency.
Business
Stock prices since the 1980s have been
A) relatively stable, trending upward at a steady pace. B) relatively stable, trending downward at a moderate rate. C) extremely volatile. D) unstable, trending downward at a moderate rate.
Business