What kind of classification is cost of goods sold?

A. Asset
B. Expense
C. Liability
D. Revenue

Ans: B. Expense

Business

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A contract to provide tutoring services beginning next month was signed.

a. Prepaid expense b. Accrued expense c. Unearned revenue d. Accrued revenue e. None of these

Business

When it comes to slide design,

A) consistency is critical because audiences assign meaning to visual elements beginning with the first slide. B) audiences will pay more attention to the slide deck than the speaker. C) typeface is easier to read on screen than on a printed page. D) the background should include meaningful decorative elements. E) charts, graphs and other functional artwork should be used sparingly.

Business