Which of the following would not typically be used as an adjusting entry?
A. Debit Deferred Revenue and credit Service Revenue.
B. Debit Interest Expense and credit Interest Payable.
C. Debit Cash and credit Deferred Revenue.
D. Debit Rent Expense and credit Prepaid Rent.
Answer: C
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Identify the correct statement about the CRM-based marketing system
A) The acquisition rate is the percentage of customers in group that were obtained at the same time who are still customers. B) Share of wallet indicates what percent of all purchase value in the category is your brand. C) The survival rate is the probability of a customer being active or purchasing in a given time frame. D) The lifetime duration is the percentage of customers who return who had previously defected.
Why is an investor concerned with how the investment characteristics of a market-cap-weighted bond index can change over time?
What will be an ideal response?