________ refers to the stock of current assets held by a firm at any point in time

A) Working capital
B) Cash
C) Marketable securities
D) Accounts receivable

Answer: A

Business

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In reconciling a bank statement, the bank balance is $1,500, and the checkbook balance is $2,105, Which of the following is the most probable reason for the checkbook balance being larger than the bank balance?

A) The bank has not cleared certain outstanding checks. B) The bank has added interest revenue to the account balance. C) A deposit in transit was made at the end of the month. D) The bank received an EFT from a customer.

Business

Which of the following is not an exception to the Privacy Act nondisclosure

requirements? a. Disclosures to satisfy court orders b. Disclosures to the president c. Disclosures that may occur for routine use d. Disclosures to either body of Congress

Business