Hayden owes Luther $5000. Hayden will only be able to pay this debt if he is able to sell his one-year-old Harley motorcycle, valued at $20,000. Hayden writes a check to Luther that reads, "Payable to the order of Luther the sum of $5000 as soon as my Harley motorcycle sells for a reasonable amount." This check is
A)negotiable, assuming Luther accepts delivery of the check
B)negotiable if Hayden also includes a date that he expects the motorcycle to sell.
C)non-negotiable because it does not state a definite amount of money.
D)non-negotiable because the check is conditional.
D
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In a restructuring it is possible that managers may use the opportunity to write down assets that do not even relate directly to the restructuring action. Why might a manager decide to write down an asset that is not included in the restructuring action?
a. The manager is practicing conservatism. b. The write down relieves future periods of depreciation expense, which increases cash flows. c. Normally the stock market reacts positively to restructuring and the greater the amount the better. d. The write down relieves future periods of depreciation expense, which increases earnings.
Answer the following statements true (T) or false (F)
1. Poka yoke refers to mistake-proofing. 2. Interchangeable parts is attributed to Genichi Taguchi. 3. PDSA is known as the Juran Cycle. 4. Specific, measurable characteristics of a product or service that customers say are necessary for their satisfaction are given by the customer. 5. International Organization for Standardization was created in 1966.
Which activities belong in the finance department?
A. Records, measures, and reports monetary transactions. B. Supports the sales by planning, pricing, and promoting goods or services. C. Tracks strategic financial issues, including money, banking, credit, investments, and assets. D. Relies on information from operations to understand inventory, place orders, and forecast consumer demand.
During a press conference, it is best to speak without notes or a prepared speech to avoid sounding scripted
Indicate whether the statement is true or false