A company would review the journal if an account balance was needed
Indicate whether the statement is true or false.
Answer: FALSE
Business
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When a firm decides how to conduct a transaction (i.e., economic exchange), "buy" refers to the use of ______ and "make" refers to the use of _____.
A. acquisition, joint venture B. licensing, franchising C. low cost, differentiation D. market, hierarchy
Business
On a balance sheet for a merchandiser, Merchandise Inventory is listed as a(n) ________
A) current asset B) current liability C) expense D) revenue
Business