Research Indicates That Economies of Scale (Cost Savings)often Results in Mergers

question 54

Multiple Choice

Research indicates that economies of scale (cost savings) often results in mergers of financial institutions which are relatively:

• A)small in size.
• B)large in size.
• C)medium in size.
• D)undercapitalized.
• E)overcapitalized.

Recognize the role of accounts payable and accounts receivable in business transactions.

Understand the process of recording cash transactions and their impact on the cash account.

Know various types of accounts (assets, liabilities, equity) and their normal balances.

Distinguish between expenses and prepaid expenses.