In This New Age of Desktop Publishing, Which of the Following

question 32

Multiple Choice

In this new age of desktop publishing, which of the following points should you consider very seriously?

• A)If you intend to use a font on more than one computer, you don't need a multi-license to use the type package.
• B)Large blocks of reverse type are less difficult to read.
• C)Because there is little difference between screen and printer fonts, there's no need to keep careful records of them.
• D)Select delicate type when using reverses.

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Definitions:

Interest Payable

The amount of interest expense that has accrued but has not yet been paid by the company.

Accounts Payable

An accounting entry representing an entity's obligation to pay off a short-term debt to its creditors or suppliers.

Notes Payable

A liability on a balance sheet representing promissory notes that a company must pay in the future.

Bad Debts Expense

The operating expense account that estimates the amount of credit sales that will probably not be collectible in a given accounting period when the Allowance method is used. For the direct write-off method, this account would be the actual amount written off.