Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False
Explanation:
Relevant information is the information that an individual require to perform a given task.
For example in order to write a program the person needs all the relevant information related to the program that is to written like the value of the variable,the format of the output required.
The term Relevant means "of Importance"
If a information required is very important then it can be obtained only through proper research work and hence it can be trusted
so we can say that-the statement that relevant information is information you can’t trust-is False
Answer:
The journal entry is shown below.
Explanation:
According to the scenario, the journal entry for the given data are as follows:
Journal entry
Jul.4 Cash A/c Dr $147
Card charges A/c Dr. $3
To Sales revenue A/c $150
(Being card transaction is recorded)
Computation:
Cash = $150 - 2% × $150 = $147
Card charges = $150 × 2% = $3
Before you give your hard earned cash to just any Internet bank, make sure they are legitimate. Check and re-check all of the institutions' contact information. Contact them. Ask questions. Make sure they are real! There also should be an “about us” section on the site. This should tell businesses detail. How long have they existed? Who is the CFO? Who is the parent company, if any? This is your money you are entrusting to them. Make sure it is safe! Go to the FDIC web-site. Look for information about the Internet bank you are considering. If they are insured, their information will be available.
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For more information:
Read more: <span>http://www.finweb.com/banking-credit/is-your-internet-bank-legitimate-how-to-tell.html#ixzz4PKL0rVJ8
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A: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.
