The only time the Petty Cash account is used in a journal entry is when the account is established, increased, or decreased

Indicate whether the statement is true or false

TRUE

Business

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Setting the exercise price of stock options at the price on a date before the date they were granted is:

A. day trading. B. backdating. C. earmarking. D. overnight rating.

Business

McDonald's success in franchising in global markets can be attributed to several factors which do not include:

A) a well known global brand name. B) a business system that can be easily replicated. C) local market knowledge. D) cross licensing. E) granting franchisees leeway to tailor menu offerings to suit local tastes.

Business