Which of the following accounts if not a temporary account?
A. salaries expense
B. dividends
C. rent revenue
D. office supplies
Answer: D. office supplies
Business
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Depreciation of the euro relative to the U.S. dollar will cause a U.S.-based multinational firm's reported earnings (from the consolidated income statement) to ____. If a firm desired to protect against this possibility, it could stabilize its reported earnings by ____ euros forward in the foreign exchange market.
a. be reduced; purchasing b. be reduced; selling c. increase; selling d. increase; purchasing
Business
Apostle customers are those who are completely satisfied and have a high loyalty and are very supportive of the company
Indicate whether the statement is true or false
Business