The systems and procedures tool that is especially useful for illustrating what happens to each copy of a multiple-copy form set is the
A. Flow process chart.
B. Operator-machine process chart.
C. EDP block diagram.
D. Horizontal flow process chart.
D
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What type of account is Prepaid Rent, and what is its normal balance?
A) It is an expense account and has a debit balance. B) It is a liability account and has a credit balance. C) It is a revenue account and has a credit balance. D) It is an asset account and has a debit balance.
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Prior to the sale of a subdivision, a subdivider must show proof to the Real Estate Commissioner that:
A: Utilities, water, gas, and lights will be on the property; B: Fill on the lots will not exceed 24 inches in depth; C: Parcels of land can be used for the purpose stated; D: Assessment bonds will not be used for off-site improvements.
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