Which of the following will increase stockholders' equity?

A) expenses > revenues
B) the company pays dividends
C) revenues > expenses
D) cash is received from customers on account

Franco buys a sofa from Grey at a garage sale. Franco writes Grey a check for $50 to pay for the couch. Grey is

A) none of the choices.
B) the drawee.
C) the drawer.
D) the payee.

________ frequently arouse controversy and conflict among the people who are interested in the decision.

The word "infinite" in infinite capacity scheduling refers to the use of finite or limited capacity rather than unlimited capacity.

Which of the following statements about the North American Free Trade Act (NAFTA) is true?

A) NAFTA has had minimal impact on how U.S. manufacturers do business.
B) NAFTA is an agreement signed by the U.S., Canada, and Mexico.
C) In order to be a member of NAFTA, Mexico had to agree to join no other international trade alliances.
D) NAFTA has removed all tariffs from non-technical products that were sold among the companies who signed the agreement.
E) All of the above statements about NAFTA are true.

To which type of transaction does the negative option rule apply?

A) Subscription to CD or DVD clubs that sends products on a regular basis and require the consumer to opt out of the next shipment
B) Buying used cars
C) Subscription to telephone services
D) Buying goods via telephone or Internet