Which of the following best describes the use of manual accounting systems in Canada today?
A) all small businesses use manual accounting systems
B) very few small businesses use manual accounting systems
C) small retail businesses with less than ten employees use manual accounting systems
D) nearly one million small businesses use manual accounting systems
Correct Answer:
Verified
Q10: Credit bureaus are used to
A)evaluate customers before
Q11: Which of the following best describes accounting
Q12: An income statement can show a profit
A)as
Q13: A credit collection policy is likely to
Q14: The accounting cycle consist of
A)recording - classifying
Q15: A ledger is a(n)
A)book that records customer
Q16: One key advantage of offering credit is
A)it
Q18: A statement of changes in financial position
A)is
Q19: Outsourcing financial activities
A)is dangerous because of loss
Q20: Productivity ratios measure
A)total manufacturing output
B)quality of life
C)employee
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