Use Table 9.1 to identify the best statement
A) Items in series V and Q fall in the same category of an ABC analysis.
B) Items in series W and S fall in the same category of an ABC analysis.
C) Items in series W and Q fall in the same category of an ABC analysis.
D) Items in series S and V should be in the Class B of an ABC analysis.
C
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Travel advances should be reported as
a. supplies. b. cash because they represent the equivalent of money. c. investments. d. none of these.
When a property has more than one mortgage, the priority of those mortgages will be determined by which of the following?
A) the date each mortgage document was signed B) themortgage with the higher principal amount comes first C) the date each mortgage was registered D) the type of mortgage that has been given, conventional mortgages taking priority over vendor take-back mortgages and the like E) the date each mortgage was notarized