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svetlana [45]
3 years ago
8

Which statement is true regarding the Preferred Vendor field in Product and Services items?A. You can add more than one preferre

d vendor to each product/service item.B. You can create a new vendor from the product/service information screen.C. Preferred vendors must be assigned to utilize Price rules.
Business
1 answer:
Ivanshal [37]3 years ago
3 0

Answer: B. You can create a new vendor from the product/service information screen

Explanation:

The statement that is true regarding the Preferred Vendor field in Product and Services items is that can create a new vendor from the product/service information screen.

Other statements given in the question such as adding more than one preferred vendor to each product/service item and Preferred vendors must be assigned to utilize Price rules are not true.

Therefore, option B is the correct answer.

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What business structure automatically reinvests profits in the corporation?
choli [55]

Answer:

correct option is B. A nonprofit corporation

Explanation:

solution

correct option is nonprofit corporation because nonprofit corporation is also called as tax exempt corporation

and it does not have any purpose of profit for owner and no need to pay federal taxes and state or local taxes

nonprofit organization is reinvest its profit and this type of company solely reinvest in themselves

so correct option is B. A nonprofit corporation

7 0
4 years ago
How can we make a village or locality as beautiful as sarangkot ​
labwork [276]

Answer:

wth is a sarangkot?-

Explanation:

4 0
3 years ago
A mutual fund sponsor wants to hold a sales contest to promote sales during the typically slow month of January. The terms of th
Valentin [98]

Answer: Under FINRA rules, this is an example of<em><u> non-cash compensation and is prohibited.</u></em>

FINRA forbids enrolled individuals from accepting a acquisition in the sum of more than $100, and also forbids representatives from accepting "non-cash compensation".

The mutual fund sponsor is not the employer of the registered representative - the representative is an employee of the broker-dealer who is in the mutual fund selling group. The benefactor is not permitted to hold such contest - only the employing organizations can hold such contest, provided that it cannot favor the sale of one fund over another. This is an example of "non-cash compensation" under FINRA rules and is prohibited.

3 0
3 years ago
Which of the following would be reported on a statement of cash flows as a financing​ activity?
vladimir1956 [14]

Answer:

C. Purchase of treasury stock

Explanation:

The purchase of treasury stock results in a change in the stockholder's equity and as such is recognized as a financing activity in the statement of cash flows.

For the other options, amortization expense is a non-cash item and is adjusted for in the net cash flows from operating activities.

Collection of notes receivable is a change in current assets hence it is reported under net cash flows from operating activities.

Sale of equipment is reported under net cash flows from investing activities.

Hence the right option is C. Purchase of treasury stock.

4 0
3 years ago
This information relates to Sunland Co.. 1. On April 5, purchased merchandise from Blossom Company for $26,400, terms 4/10, n/30
jolli1 [7]

Answer and Explanation:

The journal entries are shown below:

1. Merchandise inventory $26,400

        To Account payable $26,400

(Being purchase is  recorded)  

2. Merchandise inventory $590

         To Cash  $590

(Being freight paid)  

3. Equipment $33,900

       To Account payable $33,900

(Being purchase of an equipment is recorded)  

4. Account payable $5,200

           To Merchandise inventory $5,200

(Being purchase return is recorded)  

5. Account payable $21,200 ($26,400 - $5,200)

       To Cash $20,352

       To Merchandise inventory ($21,200 × 0.04%) $848

(Being the amount paid is recorded)

4 0
3 years ago
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