When the drawee bank receives a properly drawn and payable check, the bank is under a duty to honor the check and charge (debit) the drawer's account the amount of the check if there are sufficient funds in the customer's checking account at the bank

Indicate whether the statement is true or false


TRUE

Business

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To improve job satisfaction, organizations can

A. eliminate all possible distractions. B. make jobs simpler. C. add additional layers to job hierarchy. D. make goals easier to obtain. E. make jobs more complex.

Business

Percy Martin has gross earnings of $3,500 and withholdings of $217 for Social Security tax, $51 for Medicare tax, and $420 for federal income tax. His employer pays $217 for Social Security tax, $51 for Medicare tax, $28 for FUTA tax, and $189 for SUTA tax. The total cost of Martin to his employer is

a. $485; b. $3,500; c. $3,717; d. $3,985; e. $4,648

Business

Which of the following items should not be used to measure the performance of a manager whose division "sells" to other divisions of the company exclusively?

a. Negotiated profit margin within the transfer prices b. Labor efficiency rates c. Corporate overhead allocations d. Variable costs of production

Business

Although you will speak less formally before an audience of your peers than to a general audience, demonstrating your ______ for everyone present remains essential.

a. respect b. empathy c. disregard d. compassion

Business