Delivery alone is insufficient to negotiate an instrument when it is payable to:
A) order and the last indorsement is in blank.
B) cash and signed by the drawer.
C) bearer and is not indorsed.
D) the order of Doreen Tyrell and is not indorsed.
D
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Which of the following situations has the best chance of being detected when a CPA computes the ratio of repairs and maintenance expense to the related property, plant, and equipment accounts, compares to prior years' ratios, and investigates all changes exceeding a fixed percentage?
A. Because of worsening economic conditions, the current year provision for uncollectible accounts was inadequate. B. The cashier began lapping accounts receivable in the current year. C. The company is failing to capitalize major repairs that increase the useful life of equipment. D. Depreciation has not been taken on some assets.
Realized gains or losses on available-for-sale debt investments represent the difference between the ________.
A) historical cost and the average market value of the investment B) fair value and the current market value of the investment C) cash received at time of disposition and the fair value of the investment D) cash received at time of disposition and the cost of the investment
Boeing is incorporated in Seattle, Washington. It has a large facility in Huntsville, Alabama, and is considered a(n) ____ because it conducts business within Alabama.
A. outsider B. domestic corporation C. foreign corporation D. tax write-off E. alien corporation
An NBA executive says that players who substitute as the sixth, seventh and eighth positions for the games starting five players have a median playing time of 24 minutes. A random sample of 25 substitutes (6, 7 or 8) produces 20 non-zero differences in a Wilcoxon signed rank test and a W (R+) equal to 146 . The alternate hypothesis is m ? 24 minutes. Assume the population is symmetrically
distributed. The computed test statistic in this situation equals: a. 146. b. 24. c. 25. d. 1.53. e. 41.