Funds added to checking accounts are called drafts.?
Indicate whether the statement is true or false
False
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The categorization of people based on physical characteristics such as skin color, dimensions of the human face, and hair is
a. ethnicity. b. race. c. creed. d. culture.
U.S. GAAP and IFRS account for notes and nonconvertible bonds payable similarly.Which of the following is/are not true?
a. Firms initially record long-term notes and bonds at their issue price, the present value of the future contractual cash flows discounted at the market interest rate for the bonds at the time of issue. b. The market interest rate at the time of issue is the rate that discounts the contractual cash flows to the initial issue price. c. If the market interest rate equals the coupon rate for the bonds, the firm will issue the bonds for face value. d. If the market interest rate exceeds the coupon rate, the firm will issue the bonds for less than face value. e. If the coupon rate exceeds the market interest rate, the firm will issue the bonds for less than face value.
From an ethical perspective, team members should
A) put their self-interest first. B) respect the ideas of others. C) arouse conflict to improve team debates. D) support the dominant member to facilitate decisions. E) ignore any emotional needs of the members.
Francenie has a checking account at Corner Bank. She wants tickets to an upcoming concert. She writes a check to Ticketmaster for the cost of two tickets. In this scenario:
a. Francenie is the drawee, Corner Bank is the drawer, and Ticketmaster is the payee. b. Francenie is the maker, Corner Bank is the drawee, and Ticketmaster is the payee. c. Francenie is the drawer, Corner Bank is the drawee, and Ticketmaster is the payee. d. Francenie is the payee, Corner Bank is the drawer, and Ticketmaster is the maker.