Assume that cash is paid for rent to cover the next year.

The appropriate debit and credit are:

A. Debit Rent Expense, credit Cash.

B. Debit Prepaid Rent, credit Rent Expense.

C. Debit Prepaid Rent, credit Cash.

D. Debit Cash, credit Prepaid Rent.

Bonds were issued at a discount. In the bond amortization schedule: A. The reduction in the discount is less with each successive interest payment. B. The interest expense is less with each successive interest payment. C.

Marshall McLuhan's "global village" metaphor suggests that the world's cultures are becoming increasingly disconnected and independent A. True B. False

Which of the following is an important premise of Smith's conclusions about economic prosperity? A. Individual freedom is necessary if a society is to prosper. B. Understanding the concept of survival of the fittest will lead to prosperity. C.

Buffalo Wild Wings suggests that its diners check in to its locations using their phones. This demonstrates the use of to market a product. A. True B. False

For each of the following transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31.

Which of the following statements is true? External locus of control and introversion result in positive work attitudes. Low self-esteem results in more positive work attitudes. People who are critical of themselves experience less job satisfaction.

Which of these is one way that credit cards differ from debit cards? A. With a credit card, you never have to pay any fees. B. With a credit card, you earn interest on all of your purchases. C. With a credit card, you pay later for something you buy.

The discount rate is a. the interest rate the Fed charges banks. b. one divided by the difference between one and the reserve ratio. c. the interest rate banks receive on reserve deposits with the Fed. d.

A house is for sale for $250,000. You have a choice of two 20-year mortgage loans with monthly payments: (1) if you make a down payment of $25,000, you can obtain a loan with a 6% rate of interest or (2) if you make a down payment of $50,000, you

Suppose you've estimated that the fifth-percentile value at risk of a portfolio is 230%. now you wish to estimate the portfolio's first-percentile var (the value below which lie 1% of the returns). will the 1% var be greater or less than 230%?