The journal entry used to record the issuance of a discounted note for the purpose of borrowing funds for thebusiness is
a. debit Cash and Interest Expense; credit Notes Payable
b. debit Cash and Interest Payable; credit Notes Payable
c. debit Accounts Payable; credit Notes Payable
d. debit Notes Payable; credit Cash
a
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Executive pay has drawn public scrutiny in recent years. Which statement best explains the reason?
A. Top executives are paid in the form of commissions. B. Most of the top executives' pay is in the form of a salary. C. Top executives' pay is much higher than average workers' pay. D. Executives are denied short-term or long-term incentives with their pay. E. Top executives come under the category of exempt employees.
Incurred costs that cannot be changed by any decision and that cannot be recovered best defines
A) fixed costs. B) sunk costs. C) failure costs. D) designated costs.
pitches in front of investors, or application to incubators, or pitch competitions, what questions should you expect to be asked about your team?
What will be an ideal response?
Thailand wants to increase its trade and economic integration with Cambodia. Which trading alliance will be the most useful in achieving this goal?
A. APEC B. WTO C. ASEAN D. GATT E. MERCOSUR