The Check Clearing for the 21st Century Act requires banks to accept checks in electronic form

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

Emotion states are more diffuse, less intense, and more enduring than mood states, which tend to be more intense and directed at more specific targets.

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

Business

Which of the following statements is true regarding equity reserves?

a. Under U.S. GAAP, Other Comprehensive Income represents an equity reserve. b. Under U.S. GAAP, the allowance for doubtful accounts is considered an equity reserve. c. Under U.S. GAAP, appropriations of retained earnings are considered an equity reserve. d. Under U.S. GAAP, equity reserves are not currently allowed.

Business

A focal point within a firm for customer service is referred as the ____________.

What will be an ideal response?

Business

Peabody Books Inc wishes to borrow $182,000 today for the purchase of publishing materials. They have an agreement with their commercial banker that they can borrow money at an annual rate of 4.75%

How much will the firm owe if they repay the loan in exactly one year? A) $8,645 B) $173,747.02 C) $182,000 D) $190,645

Business