A journal entry to record a receipt of rent revenue in advance will include a
a. debit to rent revenue.
b. credit to rent revenue.
c. credit to cash.
d. credit to unearned rent.
Ans: d. credit to unearned rent.
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Which of the following is NOT part of the process called The Business Planning Cycle?
A. Management team understands its strategic opportunities and its capabilities, competencies and overall capacity B. Management team develops a business plan via a process which outlines its focus and methodology for using its resources C. Management team capitalizes on its identified strategic opportunities D. Management team creates valuable products and services E. Management team creates a unique position in the marketplace built around a competitive advantage.
What type of evidence, such as diagrams and photographs, is created for use in court?
a. Actual evidence b. Documentary evidence c. Demonstrative evidence d. Real evidence