Which of the following in NOT a good reason to reconcile bank statements?
a. Gives you a way to estimate the bank's available balance
b. Prevents credit card fraud
c. Checks the accuracy of bank and business records
d. Informs you of items on the bank statement that you might not know otherwise.
Ans: b. Prevents credit card fraud
Business
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_________ teams are usually made up of different members from all over the organization. Their specific function is to address a problem or solve a particular issue.
a. Work b. Parallel c. Virtual d. Self-managed
Business
Which of the following is not true of a corporation?
A) It may enter into binding legal contracts in its own name. B) It may sue and be sued. C) The acts of its owners bind the corporation. D) It may buy, own, and sell property.
Business