In the context of the department store patronage project, analyzing store charge card slips to examine customer store credit usage behaviors is an example of ________

A) mechanical observation
B) personal observation
C) content analysis
D) trace analysis

D

Business

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When the growth rate of the money supply is decreased, interest rates will rise immediately if the liquidity effect is ________ than the other effects and if there is ________ adjustment of expected inflation

A) larger; rapid B) larger; slow C) smaller; slow D) smaller; rapid

Business

If a prior-period error only affects the balance sheet, the company should

A) discuss the error in the notes to the financial statements only. B) restate the balance sheet from the prior year if it shows comparative financial statements. C) make a correcting journal entry and restate the balance sheet for the prior year. D) discuss the error in the notes to the financial statements and restate the balance sheet from the prior year.

Business