Oncethecompanyreceivestheinventory,itpreparesa(n)________tolistthegoodsreceived.

A. invoice
B. purchaseapprovalform
C. receivingreport
D. EFTtransfer

Abudgethelpscontrolcashby

A. developingaplanforcashreceiptsandcashpayments.
B. coordinationbusinessactivities.
C. helpingtodeterminewhetheradditionalcashisavailableforinvestmentornewfinancingneeded.
D. alloftheabove.

IfabankreconciliationincludedanEFTpaymentof$670forinsurance,theentrytorecordthisreconcilingitemwouldincludea:

A. credittoprepaidinsurancefor$670
B. credittocashfor$670
C. debittocashfor$670
D. noentryisrequired

Ifabookkeepermistakenlyrecordedan$85depositas$58,theerrorwouldbeshownonthebankreconciliationasa:

A. $27additiontothebookbalance
B. $27deductionfromthebookbalance
C. $85deductionfromthebookbalance
D. $85additiontothebookbalance

Abankreconciliationincludedanoutstandingcheckof$850forthepaymentofsalaries.Thejournalentrytorecordthisreconcilingitem:

A. shoulddebitsalariesexpenseandcreditcashfor$850
B. shoulddebitcashandcreditsalariesexpensefor$850
C. shoulddebitaccountspayableandcreditcashfor$850
D. isnotrequired.

Inabankreconciliation,abankcollectionofanotereceivableis:

A. addedtothebankbalance
B. deductedfromthebankbalance
C. addedtothebookbalance
D. deductedfromthebookbalance

Inabankreconciliation,interestrevenueis:

A. addedtothebankbalance
B. deductedfromthebankbalance
C. addedtothebookbalance
D. deductedfromthebookbalance

Ifabankstatementincludedabankcollectionandrelatedinterestrevenue,thejournalentrytorecordthisreconcilingitemshouldincludea:

A. debittoCash
B. credittoCash
C. debittoNoteReceivable
D. debittoNotePayable

Beforepayinganinvoiceforgoodsreceivedonaccount,thecontrollerortreasurershouldensurethat

A. thecompanyispayingforthegoodsitordered.
B. thecompanyispayingforthegoodsitactuallyreceived
C. thecompanyhasnotalreadypaidthisinvoice.
D. allofthem

How might a sudden increase in people's expectations of future real estate prices affect interest rates?