A dishonored note means the payee's entry includes a

a. credit to Accounts Receivable.
b. debit to Interest Expense.
c. debit to Notes Receivable.
d. credit to Interest Income.


D

Business

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To achieve effective control over fixed-asset additions, a company should establish activities that require:

A. authorization and approval of major fixed asset additions. B. any fixed asset additions that are not used in the business to be classified as investments. C. capitalization of the cost of fixed asset additions in excess of a specific dollar amount. D. performance of recurring fixed asset maintenance work solely by maintenance department employees.

Business

How many syllables are in the word congressional?

What will be an ideal response?

Business

________ injury occurs when a seller cuts prices in one geographic area in order to drive out a local competitor

A) Secondary-line B) Primary-line C) Collateral-line D) Tertiary-line

Business

In July 2018, the Papa John's pizza chain decided to distance itself from John Schnatter, its founder and pitchman, after it was reported that he had used a racial slur in a comment about black people. Mr. Schnatter apologized and resigned as chairman. The company said Mr. Schnatter's image, a fixture on its marketing materials, would be removed as the "first of several key steps to rebuild trust from the inside-out." Papa John's suddenly faced the tricky task of disentangling itself from its founder and convincing its customers and investors to move on, and also began considering whether or not to rebrand itself. Papa John's strategy needs to be ethical because

A. of the inevitable risks of being boycotted by customers of major corporate affiliates including Major League Baseball and the National Football League if an unethical strategy is used. B. of the dangers that Papa John's top management will become embarrassed if the company does not take action. C. unethical strategies boost long-termism in corporate culture. D. it is good business and in the best interest of shareholders. E. everyone in the media is an ethics watchdog and somebody is sure to blow the whistle on the company's unethical behavior.

Business