If you are going to drive abroad, you should obtain an International Driver's License

Indicate whether the statement is true or false.

T

Business

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As proof of the deposit transaction, a customer receives a cancelled check from the bank

Indicate whether the statement is true or false

Business

Mutual funds often report returns as the growth of $10,000 over a period of time. These returns assume that

A) all dividends and capital gains are reinvested. B) all dividends and capital gains are withdrawn. C) all dividends and capital gains are reinvested after deductions for income taxes. D) the investor contributes money to the fund on a regular basis through an automatic investment plan.

Business