Both Limit and _____Orders May Be Good for One Day,one

question 136

Multiple Choice

Both limit and _____orders may be good for one day,one week,one month,good until canceled,or a specified date.

• A)stop loss
• B)limit
• C)stop
• D)round
• E)discretionary

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Definitions:

Misc. Revenue

Miscellaneous revenue refers to income generated from activities not central to a business’s main operations.

Change Fund

Fund made up of various denominations that are used to make change for customers.

Contra-Asset

A contra-asset account is an asset account where the account balance is a negative amount. It's used to offset the value of the asset account it is associated with, such as accumulated depreciation.

Cash Register Tapes

Physical or electronic records produced by cash registers, detailing each transaction made within a business.