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skad [1K]
3 years ago
9

Which of the following statements about the goods receipt step are NOT true?

Business
1 answer:
sesenic [268]3 years ago
6 0

Answer: A - It results in a decrease in inventory

Explanation: Goods receipt will result in increased inventory as goods are received into the store or warehouse were it will be sold.

Goods receipt occurs during a procurement process therefore creating a financial accounting document  called invoice and delivery note which will be used to ascertain the actual cost of the goods purchased and actual quantity of goods received.

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Answer:

(D)U.S. Treasury Bills

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T-Bills do not have a reinvestment risk because they cannot be reinvested. They are short-term investment options (usually a year), that do not have regular interest payments like a bond, and whose gain for the investor lies in the value that is paid when the t-bill reaches maturity.

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Answer:

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Which statement does not accurately describe a characteristic of cash value for whole life insurance?
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The probability of survival for an international business increases if it: Group of answer choices A. enters a national market a
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A. Enters a national market after several other foreign firms have already done so.

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