Answer:
The seven members of the Board of Governors of the Federal Reserve System are appointed by the U.S president and confirmed by the Senate
Explanation:
The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. The Chairman and the Vice-Chairman of the Board are named by the President from among the members and are confirmed by the Senate. They serve a term of four years.
Elite Electronics, Incorporated
JOURNAL ENTRY :
Aug 31
Dr Allowance for Doubtful Accounts a/c 300
Cr Account Receivable. a/c 300
( To record write off Account Receivable)
Dec 15
Dr Account Receivable a/c 300
Cr Allowance for Doubtful Accounts 300
( To record reinstate the accounts receivable)
Dec 15
DR Cash a/c 300
CR Account Receivable a/c 300
( To record Payment received)
Answer: b. The company issued common stock in 2015.
Explanation:
Common Stock is recorded at par value in the books and so the only things that can affect it are more stock being issued which would increase it or treasury stocks being purchased which would decrease it.
As the common stock increased in 2015 from 2014 by $1,000 more, it shows that the company issued $1,000 worth of stock in 2015.
Answer:
Similarities. Both B2B and B2C sales require comprehensive knowledge and extensive experience about customer service.
Explanation:
Salespeople typically deal with clients; with high level executives in B2B sales while in B2C sales, they deal with consumers directly. In both sales models, the process is centered around the customer.
C) PAC<span>s are formed by interest groups to donate campaign funds and support political candidates.
Political Action Committees are committees organized to donate money for a candidate's campaign. Interest groups usually support certain candidates in return for policies that will benefit the people apart of that interest group. To support the candidate, they form or join PACs in order to donate money to get that candidate elected.</span><span />