A trial balance is a list of all of the ledger accounts of a company with their balances at a point in time.

a. true
b. false

Answer: a. true

Business

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Which statement regarding international law is incorrect?

a. The International Court of Justice, or World Court, is a body of the United Nations. b. Institutions interested in uniform world laws include the International Chamber of Commerce, The Hague Convention, and the Vienna Agreement. c. Unified laws have produced unified judicial practices. d. The EU and NAFTA are agreements that are trying to equalize the treatment of organizations doing business multinationally.

Business

Jia's Apple Farm uses 35 baskets each day to pack apples for shipping. It takes 5 days to receive a shipment of baskets after an order is placed and she would like a safety stock of 3 days in inventory

At what level of inventory should Jia's place an order for baskets?

Business