Even average people can accumulate wealth by
A) spending less than they make.
B) spending more than they make.
C) following hot investment tips found on the Internet.
D) playing the lottery.
Answer: A
Business
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A firm that invests in a strong IS development team is making an investment in organizational complementary assets
Indicate whether the statement is true or false
Business
Revs, Inc. collected $5,000 from a customer on May 15 for services to be performed in June. The May 15 journal entry to record this transaction is a debit to ________
A) Cash of $5,000 and a credit to Revenues of $5,000 B) Cash of $5,000 and a credit to Accounts receivable of $5,000 C) Unearned revenue of $5,000 and a credit to Cash of $5,000 D) Cash of $5,000 and a credit to Unearned revenue of $5,000
Business