Hunter's, Inc reported a balance of $1,410 in its cash account at the end of the month. There were $1,200 of deposits in transit and $1,150 of checks outstanding. The bank statement showed a balance of $1,510, service charges of $70, and the collection of a note plus interest. The note had a face value of $170. How much interest did the bank collect for the company?

A) $ 30
B) $ 50
C) $290
D) $390


B

Business

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The ______________________________ process maintains data for payroll taxes, fringe benefits, attendance reporting, timekeeping, and paying employees for work performed

Fill in the blank(s) with correct word

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Which of the following is most likely a characteristic of Pattern I organizations?

A. Broad member participation B. Low member absenteeism C. A lack of loyalty exhibited by members D. An inability of leaders to exercise power

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The customer may give an oral stop-payment order to the bank, but it is valid for only fourteen (14) days unless the customer confirms it in writing during that time.

Answer the following statement true (T) or false (F)

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Something is rational, according to the Introduction to your textbook, ___________?

a. Only when it is done according to scientific method b. Only when there is systematic application of best practice to achieve some given end or goal c. Only when there is systematic application of various techniques to achieve some given end or goal d. Only when something is done on the bosses terms only

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