Postage stamps on hand are considered to be
A. cash
B. petty cash
C. cash equivalents
D. a prepaid expense
Answer: D. a prepaid expense
Business
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A production process would create just 1 defect per six thousand products at Six Sigma
a. true b. false
Business
A licensee has been given verbal permission to place a "For Sale" sign on the property by the seller. Could the licensee legally place a "For Sale" sign on the property with this permission?
A. Yes, as long as the seller has given permission. B. No, permission must be in writing. C. Yes, permission is not required for "For Sale" signs. D. No, permission to place "For Sale" signs on any property must be obtained from the country.
Business