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Utilize the knowledge you have gained to respond to the following essay questions.Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
Evaluate the reasons for the worldwide shift in pay in favor of women.
FOB Destination
A shipping term indicating that the seller retains ownership and responsibility for goods until they are delivered to the buyer’s location, at which point the buyer takes ownership.
Sale Recorded
The process of documenting a sale transaction in the financial books of a company, recognizing revenue.
Deposits in Transit
Funds that have been received and recorded by a company but not yet by its bank.
Bank Reconciliation
Process of verifying the accuracy of both the bank statement and the cash accounts of a business.
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