Withdrawal account, revenues account, expenses account and income summary account are
a. Permanent accounts
b. Temporary accounts
c. Equity accounts
d. Closing accounts
e. None of these above
Answer: b. Temporary accounts
Business
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Free Standing Inserts (FSI) are found primarily in:
A) magazines B) newspapers C) shopping malls D) catalogs
Business
Which of the following would not be used by an exporter with a weak home-country currency?
A) Expand product line and add more costly feature. B) Speed repatriation of foreign-earned income. C) Buy advertising, insurance, and other services in home-country market. D) Shift sourcing outside home-country market. E) Exploit marketing opportunities in all markets.
Business