An installment note is a debt that requires the borrower to make equal periodic payments to the lender for the term of the note
Indicate whether the statement is true or false
True
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Which of the following is not a risk exposure in a PC accounting system?
a. reliance on paper documentation is increased b. functions that are segregated in a manual environment may be combined in a microcomputer accounting system c. backup procedures require human intervention d. data are easily accessible
When team members have to travel to attend meetings, ______ meetings are needed.
a. fewer, longer b. fewer, shorter c. more frequent, shorter d. more frequent, longer
While working part-time at a Supercorp restaurant, Jenna spills a bucket of hot french fries on a customer. Who is liable to the customer?
a. Supercorp alone. b. Jenna alone. c. Both Jenna and Supercorp. d. Jenna, Supercorp and the president of Supercorp. e. Jenna, Supercorp and the shareholders of Supercorp.
What is the primary purpose of an enterprise resource planning (ERP) system?
What will be an ideal response?