Commercial paper is issued in multiples of ________

A) $1,000 or more
B) $10,000 or more
C) $100,000 or more
D) $1,000,000 or more


C

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Verilux Company sold merchandise to Flight Corp on November 1, 2016, for $10,000 . Verilux accepted a promissory note from Flight Corp for $10,000 . The note has a term of 5 months and a stated interest rate of 7%. Verilux's accounting period ends on December 31, 2016 . What amount should Verilux recognize as interest revenue on the maturity date of the note?

a. $ -0- b. $ 175.00 c. $ 291.67 d. $ 420.00

Business

Ampertonde, a company that sells consumer durables, decides to take its top 20 best-performing salespeople on a cruise for two weeks. However, the management mandates that the other salespeople who are not among the top 20 will have to report for work during those two weeks. Which of the following theories of motivation does this scenario best illustrate?

A) Reinforcement theory
B) Equity theory
C) Alderfer's ERG Theory
D) McClelland's Learned Needs Theory

Business

Parallel simulation uses an independent program to simulate a part of an existing application program, and is designed to test the validity and to verify the accuracy of an existing application program.

Answer the following statement true (T) or false (F)

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How might age diversity be an issue for cross border migrations?

a. Migrants tend to be young, therefore it will affect the hose country’s average working age population b. Migrants tend to be older, therefore it will affect the hose country’s average working age population c. Younger migrants will ultimately burden the country’s social security and retirement systems d. Older migrants will ultimately burden the country’s social security and retirement systems

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