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consider the vision and mission statements of the Reserve Bank of India. Comment on the quality of both these statements.
Weegy: The payment system initiatives taken by the Reserve Bank of India have resulted in deeper acceptance and penetration of non-cash payment modes. (More)
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Asked 5 hours 37 minutes ago|4/22/2014 9:54:12 PM
0 Answers/Comments
According to the textbook, what is a disadvantage of credit card use? A. Identity theft B. No cash back rebates C. Grace period for payments D. Inaccurate record keeping
Weegy: Identity theft is a disadvantage of credit card use. (More)
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Updated 13 hours 31 minutes ago|4/22/2014 2:00:17 PM
0 Answers/Comments
Which of the following is not true concerning cover crops? a. they prevent soil erosion b. they can fix nitrogen in soil c. they are sold as cash crops d. they add organic matter to soil
Weegy: d. none of the above . (More)
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Asked 22 hours 15 minutes ago|4/22/2014 5:16:30 AM
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During its first year of operations, Klumpe Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 70,000 shares for cash at $5 per share. July 1 Issued 40,000 shares for cash at $8 per share.
Weegy: Solution: Jan. [ 10 Issued 70,000 shares for cash at $5 per share. Dr Cash 350,000 (5 x 70,000) Cr Common Stock 350,000 July 1 Issued 40,000 shares for cash at $8 per share. Dr Cash 320,000 (8 x 40,000) Cr Paid-In Capital in Excess of Par 120,000 (3 x 40,000) Cr Common Stock 200,000 ] (More)
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Asked 1 day ago|4/22/2014 12:49:38 AM
0 Answers/Comments
Which of the following is a non-cash expense
Weegy: What are the options please? (More)
Question
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Updated 1 day ago|4/21/2014 11:04:53 PM
1 Answer/Comment
Depreciation expenses is a non-cash expense.
Added 1 day ago|4/21/2014 11:04:53 PM
Under the cash basis of accounting, A. revenue is recognized when services are performed B. expenses are matched with the revenue that is produced C. cash must be received before revenue is recognized D. a promise to pay is sufficient to recognize revenue
Weegy: Under the cash basis of accounting, B. expenses are matched with the revenue that is produced (More)
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Asked 1 day ago|4/21/2014 10:23:37 PM
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Which of the following could be true if one decreases their long term liability and increases their liquid assets? a. Paid off credit card balance and added money to savings. b. Paid off medical bills and invested money. c. Paid down mortgage and received a cash prize. d. Paid taxes owed and bought a car.
Weegy: Paid off medical bills and invested money is true if one decreases their long term liability and increases their liquid assets. (More)
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Asked 1 day ago|4/21/2014 6:32:56 PM
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The primary purpose of the statement of cash flows is to __________. A. provide information about the cash receipts and cash payments during a period B. prove that revenues exceed expenses if there is a net income C. facilitate banking relationships D. provide information about the investing and financing activities during a period
Weegy: The primary purpose of the statement of cash flows is to A. provide information about the cash receipts and cash payments during a period The answer is A. [ provide information about the cash receipts and cash payments during a period ] (More)
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Asked 1 day ago|4/21/2014 4:41:04 PM
0 Answers/Comments
1. __________ is a common provision in many term policies. (Points : 2) A reward clause A limited clause A renewable clause Cash value
Weegy: A renewable clause is a common provision in many term policies. (More)
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Updated 1 day ago|4/21/2014 1:06:16 PM
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Cash basis
Weegy: CASH BASIS is a major accounting method that recognizes revenues and expenses at the time physical cash is actually received or paid out. (More)
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Updated 1 day ago|4/21/2014 12:11:31 PM
0 Answers/Comments
After the war, leading up to the Great Depression, bad economic news made people a. take out loans to buy stock. c. withdraw their money from the markets. b. put their money into savings accounts. d. scramble to repay loans with cash.
Weegy: After the war, leading up to the Great Depression, bad economic news made people WITHDRAW THEIR MONEY FROM THE MARKETS. [smile] (More)
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Asked 1 day ago|4/21/2014 9:40:01 AM
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What is the easiest budget methodology to use in a small county.
Weegy: The cash method of accounting is the easiest method, but not necessarily the most accurate. If you have paid staff you should not use the cash method of accounting. (More)
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Business and Money|No Subcategories|Expert Answered
Asked 1 day ago|4/21/2014 7:12:28 AM
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All insurance is based on a principle called A. division of risk. B. cash value coverage. C. premium earnings. D. investment premiums
Weegy: All insurance is based on a principle called A. division of risk. (More)
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Updated 2 days ago|4/20/2014 8:14:00 PM
0 Answers/Comments
Which of the following best describes term life insurance? A. The insured is covered during his or her entire lifetime. B. The insured can borrow or collect the cash value of the policy. C. The insured pays the premium until his or her death. D. The insured pays a premium for a specified number of years
Question
All Categories|No Subcategories|Not Answered
Updated 2 days ago|4/20/2014 8:09:02 PM
1 Answer/Comment
The insured pays a premium for a specified number of years best describes term life insurance.
Added 2 days ago|4/20/2014 8:09:02 PM
In a firm that uses special journals, a sale of merchandise on credit is recorded in the (Points : 4) cash payments journal. cash receipts journal. sales journal. purchases journal
Weegy: In a firm that uses special journals, a sale of merchandise on credit is recorded in the - sales journal (More)
Question
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Updated 2 days ago|4/20/2014 8:32:25 AM
0 Answers/Comments
Economic growth means that _____.
Weegy: The sacrifice involved in performing an activity, or following a decision or course of action. [ It may be expressed as the total of opportunity cost (cost of employing resources in one activity than the other) and accounting costs (the cash outlays). Read more: ] (More)
Question
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Updated 2 days ago|4/20/2014 7:47:41 AM
1 Answer/Comment
Economic growth means that the increase in the market value of the goods and services produced by an economy over time.
Added 2 days ago|4/20/2014 7:47:39 AM
Which of the following financial statements is concerned with the company at a point in time? statement of cash flows retained earnings statement balance sheet income statement
Question
All Categories|No Subcategories|Not Answered
Updated 3 days ago|4/20/2014 1:07:13 AM
1 Answer/Comment
BALANCE SHEET is concerned with the company at a point in time.

Added 3 days ago|4/20/2014 1:07:13 AM
Several not-î or-proî it organizations use television campaigns to obtain pledges to contribute cash. Some people think that not-î or-proî it entities should recognize pledges as revenues when the cash is actually received. Others would recognize revenues when the pledges are made, subject to a pro- vision î or amounts not likely to be collected. Based on that scenario, discuss (a) the need î or an accounting standards-setting body, (b) the qualiî ications that members oî  that body ...
Weegy: Several not-î or-proî it organizations use television campaigns to obtain pledges to contribute cash. Some people think that not-î or-proî it entities should recognize pledges as revenues when the cash is actually received. [ Others would recognize revenues when the pledges are made, subject to a pro- vision î or amounts not likely to be collected. Based on that scenario, discuss: Answer (c) the procedures that body should adopt in ... (More)
Question
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Asked 3 days ago|4/19/2014 8:04:03 PM
0 Answers/Comments
All insurance is based on a principle called A. division of risk. B. premium earnings. C. cash value coverage. D. investment premiums.
Weegy: All insurance is based on a principle called division of risk. (More)
Question
All Categories|No Subcategories|Expert Answered
Updated 3 days ago|4/19/2014 3:45:54 PM
0 Answers/Comments


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