Small changes in the interest rate can have a dramatic impact on future values
Indicate whether this statement is true or false.
Answer: TRUE
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Taylor Corp identified the following data in preparing a bank reconciliation on October 31, 2016. Bank statement balance $29,600 Taylor's book balance (before adjustments) ? Outstanding checks 3,100 NSF checks 300 Service charges 200 Deposits in transit 2,200 Interest earned on checking account 100 How much is Taylor's adjusted cash balance on October 31, 2016?
a. $28,700 b. $29,100 c. $28,300 d. $29,600
An indirect channel appears to be better than a direct channel when product customization is important
Indicate whether the statement is true or false
Which of the following approaches to budgeting is most likely to contain the details of salaries (such as number of personnel within each position) as well as the details of each type of expenditure other than salaries (such as supplies and travel)?
a. object-of-expenditure approach b. performance approach c. planning-programming-budgeting approach d. zero-based budgeting approach
Including complete information about your references on a résumé
a. is necessary, since employers check references before scheduling interviews. b. is optional, since a list of references can typically be provided after a successful interview. c. is inappropriate, because the list takes up needed space. d. is illegal since contacting persons for recommendations before an interview is an invasion of privacy.