The journal entry to open a new petty cash fund includes a debit to the Petty Cash account and a credit to the Cash account

Which of the following statements about a contributory group life insurance plan is CORRECT?

A) All eligible employees must participate in the plan. B) The employer must pay for the entire cost of the insurance program. C) At least 70% of eligible employees must participate in the plan. D) The employees must pay for part of the cost of the insurance program.

Under the Uniform Computer Information Transactions Act, consumers are held responsible for

electronic errors such as ordering more copies than intended if there was a confirmation procedure and the consumer erroneously confirmed the incorrect quantity. Indicate whether the statement is true or false