If a negotiable instrument is assigned, the assignee has:
a. the same contract rights and responsibilities as the assignor
b. the same contract rights as the assignor, but is relieved of assignor's responsibilities c. the same responsibilities as the assignor, but not the contract rights of the assignor
d. neither the rights or responsibilities of the assignors; those are determined by a new contract between the parties
e. none of the other choices
a
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David has done his job well in presenting the product, showing how it meets the needs of his customer, and handling all questions and objections. David should:
A. ask the buyer to do him a favor and buy his product. B. not pressurize the customer into making a commitment. C. avoid follow-ups as it might push the buyer to buy. D. decrease the price if the buyer seems to be uninterested. E. do or expect all of these.
Carson City Saloon purchased a $25,000 truck for catering from its restaurant. It made a down payment of one- fourth of the price. What combination of amounts would affect the income statement and statement of cash flows for the purchase of the truck? Income Statement
a. $25,000 Cash Flow Statement $ -0- b. $ -0- ($25,000) c. $25,0000 ($6,250) d. $ -0- ($ 6,250)
____ frees the resources allocated to the cursor.
A. EXIT_CURSOR B. FETCH_ROWS C. EXECUTE D. CLOSE_CURSOR
Which of the following is true regarding managerial accounting?
A) It often emphasizes on segments rather than the organization as a whole. B) It must be prepared as according to generally accepted accounting principles. C) Its primary focus is on providing information to external users. D) It is less flexible than financial accounting.