Choose the Correct Word or Words in Parentheses

question 43

Short Answer

Choose the correct word or words in parentheses.
-Freezing temperatures in Florida can (affect, effect)the price of orange juice.

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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.