Acompany that acquires and purchases consumer and other data from public records, retailers, internet cookie vendors, social media trackers, and other sources and uses it to create business intelligence that it sells to companies and to the government is called a a. data wholesaler b. data retailer c. data broker d. data analyst e. data collector

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

Todd and jim learned that in building a business plan, it was important for them to: