Personal pronouns are appropriate for cover letters but not for resumes
a. true
b. false
b
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Kelly was recently promoted to manager. Though he used to take advice from his peers, he seems no longer willing to listen to even his superiors and is really running the project how he thinks best. This is an example of which personal barrier to communication?
A. Tendency to judge others' messages. B. Variable skills in communicating effectively. C. Oversized ego. D. Inability to listen with understanding. E. Variation in interpreting information.
Management philosophy and operating style most likely would have a significant influence on an entity's control environment when:
A. accurate management job descriptions delineate specific duties. B. the audit committee actively oversees the financial reporting process. C. internal audit personnel have direct access to the board of directors and the entity's management. D. the entity does not have sound personnel policies for hiring, training, and evaluating competent individuals.
Francis Jeffers purchased a cashier's check in the amount of $5,000 from Northern Star Bank. The check was made payable to Kyle Naughton and was delivered to him
Twelve months later, the Northern Star Bank branch manager informed Jeffers that the cashier's check was still outstanding. Jeffers subsequently signed a form requesting that payment be stopped and a replacement check be issued. Northern Star Bank issued a replacement check to Jeffers. Eight months later, Naughton deposited the original cashier's check in his bank, which was paid by Northern Star Bank. Northern Star Bank requested that Jeffers repay the bank $5,000. When he refused, Northern Star Bank sued Jeffers to recover this amount and the court awarded Northern Star Bank damages amounting to $5,500. In which of the following circumstances, if true, would the court have ruled in Jeffers' favor? A) Jeffers cashed the replacement check before Naughton had presented the original check at his bank. B) Jeffers paid Naughton the $5,000 in cash after obtaining the replacement check from Northern Star Bank. C) Jeffers indemnified Northern Star Bank for potential damages arising from the issue of the replacement check. D) Jeffers renewed the stop-payment order on the original check at the end of six months.
Kenneth wants to start a new business. To get start-up capital, he takes a short-term loan from a bank. The bank agrees to provide him the agreed-upon funds as per a legally binding commitment. However, the bank requires Kenneth to pay interest on any fund he borrows and a commitment fee based on the unused amount of funds. Which of the following short-term financing sources does Kenneth utilize to fund his business in the given scenario?
A. Factoring B. Commercial paper C. Trade credit D. Revolving credit agreement