Marie is the bookkeeper for the Buildco Construction Company. She makes out the payroll; prepares all of the payroll checks and reconciles the bank statements for the firm. She decides to increase her income by padding the payroll; accordingly, she makes out a check in the name of someone who does not exist. She then indorses the check with the payee's name and her name and cashes the check
herself at First Bank where the company has its account. Under the fictitious payee rule, Buildco and not the bank will be liable for this check.
a. True
b. False
Indicate whether the statement is true or false
True
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Recurring costs include: hardware maintenance, software acquisition, software maintenance, insurance, supplies, personnel costs
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Small group communication requires, at a minimum, two people. 2. In a group task, a decision or solution cannot be made without the input of all your group members. 3. In the storming stage of group development, the group does the most work toward completing the assigned task. 4. In the norming stage, group communication becomes open and task oriented. 5. Tuckman’s model of small group development only applies to school and work groups.
Which of the following is NOT a technique for writing a bad-news message?
a. Use positive language to accentuate the positive. b. Use the deductive writing approach. c. Sandwich the bad news between the buffer and positive closing. d. Use passive voice, general terms, and abstract nouns.
Pizza Company has $70,000 of depreciation expense and is subject to a 30% income tax rate. On an after-tax basis, depreciation results in a:
A. $21,000 inflow. B. $21,000 outflow. C. $49,000 outflow. D. neither an inflow nor an outflow because depreciation is a noncash expense. E. $49,000 inflow.