Miller is the owner of a restaurant that has several franchises. One of the franchisees owes Miller a sum of $18,000 for the goods that he had bought from Miller on credit. In this scenario, the money owed to Miller is known as _____.
A. checkoff
B. the freight expense
C. accounts receivable
D. the laid-down cost
Answer: C
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In Business Process Modeling Notation (BPMN), activities are named with a short verb phrase placed within the rectangle.
Answer the following statement true (T) or false (F)
Equipment was purchased for $78,000 . It had an estimated residual value of $12,000 and has a current carrying value of $50,000 . Its depreciable cost must have been
a. $62,000. b. $42,000. c. $66,000. d. $28,000.
The dimension of project success that is measured by both an internal and external criterion is:
A) Future potential. B) Business success. C) Impact on the customer. D) Efficiency.
Which of the following lessons from the Great Recession is NOT true?
A) The financial crisis really drove home the point that capital structure DOES matter in that firms with too much debt suffered greatly. B) Firms that relied too much on short-term financing were severely affected by the global liquidity crisis. C) Capital markets are indeed almost perfect. D) All off the above are true.